THE ELEET Property Group is delighted to present this lifetime opportunity to secure 10-acres (approx.) of prime land in the most highly sought-after area of Newborough.
This Urban Growth Zone (UGZ) land is the perfect opportunity for the astute investor to add to their investment portfolio, either through development or savvy land banking for the future.
For those with a goal of securing a real estate development, the property's prime position within the Urban Growth Zone allows for subdivision with an efficient net developable area (STCA).
Newborough is ideally positioned to access high-quality education, with a strong mix of public and private schools, at the primary and secondary levels. Various recreational options including sports and leisure centers like Moe Golf Club, Soccer Club etc. are within 5 min. drive.
Land area: 4.14ha (approx.)
Zone: Urban Growth Zone 1 (UGZ1)
Dwelling on the property
PSP APPROVED: Situated within the endorsed Lake Narracan Precinct Structure Plan (PSP).
The Lake Narracan Growth Area will provide around 3,723 new houses at full development to accommodate a population of more than 9000 people. This property is perfect for Investors, Developers and Land Bankers.
Don't miss this exceptional opportunity to secure a prime land parcel in a highly-sought after area. For further details or to arrange an inspection, please contact Lokesh (Loki) on 0450 305 554, or give our office a call on 03 8323 9999.
PHOTO ID IS REQUIRED AT INSPECTIONS
The Eleet welcomes you and looks forward to meeting you at the inspections.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the link below for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist