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86 Princetown Road
Simpson VIC 3266
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86 Princetown Road Simpson VIC 3266

  • Development / Land
  • 11.3 ha
  • For Sale, Sale by Deadline 13/12/2024

Residential Development Opportunity

    Recently rezoned from Farm Zone (FZ) to Neighbourhood Residential Zone (NZR) supported by the Corangamite shire to generate developable land to assist with the growing need for housing in the shire, creating an excellent opportunity to purchase this the parcel with a view to fully developing the site for residential housing.

    Ideally positioned in the heart of the Heytesbury settlement, home to some of Victoria's most renowned rich agricultural farming land enterprises and supporting industries also within easy reach of the popular tourism townships of Port Campbell and Timboon. The Great Ocean road 12 Apostles international tourist mecca is an easy 20 minutes south, current attracting major development and investment.

    Planning permit PP22023/137 has been issue by the Corangamite Shire Council for a multi stage sub division with access to the Princetown road. This includes plans showing up to 84 residential lots varying from 500m2 to almost 1200m2 spread across 5 stages. External authorities have been consulted during the rezoning and planning permit application process and are aware of the development and have consented to the sub division and included conditions within the permit.

    Key Points:
    • Area zoned NZR available for development 11.3 Ha (approx.)
    • Planning permit submitted for 84 lots:
    • 15 lots 400 - 600m2
    • 24 lots 601 - 850m2
    • 4 lots 851m2 +
    • 1 possible future integrated development (STCA) super lot (16,801m2)
    • Unmade road reserve along the north side of the site
    • Land rezoned from FZ to NZR prior 30th June 2023 - therefore not subject to Windfall Gains Tax

    Offered to the market via Sale By deadline concluding 1.00 pm 13/12/2024

    Further details and sale documents are available by contacting the exclusive selling agent, Gerard Delaney

    Ray White Rural Timboon
    Ray White Rural Timboon
    2/15 Main Street
    Timboon, VIC 3268

    Property Highlights

    Floor AreaAsk Agent
    Land Area11.3 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019596169
    Category
    Last updated  10 Nov 2024
    Map for 86 Princetown Road Simpson VIC 3266
    Ray White Rural Timboon
    Ray White Rural Timboon
    2/15 Main Street
    Timboon, VIC 3268

    Property Highlights

    Floor AreaAsk Agent
    Land Area11.3 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019596169
    Category
    Last updated  10 Nov 2024

    Listed by

    Gerard Delaney
    Ray White Rural Timboon
    Call
    0448 760 777

    More about 86 Princetown Road Simpson VIC 3266

    86 Princetown Road Simpson VIC 3266 is categorized as Land & Development Property. It has a land area of 11.3 ha. The listing ID for this property is 2019596169.

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