Land Bank Investment Opportunity
Situated on the township edge of Woodend, this 37 .44 hectare site at has a concept plan for 226 lot subdivision. Average land lots approximate 900 M2 and range from 360 M2 to over 4000 M2.
Limited development opportunities exist in the township, and with much anticipated growth on population it is conceivable the whole plan of subdivision could be consumed inside 5 years.
Approximately 64 kilometres from Melbourne GPO, the township is serviced by V/Line train to Lancefield and bus to Woodend, with a proposal for a new railway station in Woodend.
Concept Plan Details Include
— Site Area 37.44 hectares (92 acres)
— Municipal Reserve 6.05 hectares
— Development Area 31.39 hectares
— Public Open Space 1.01 hectares
— Residential 23.37 hectares
— Roads 7.01 hectares
— Proposed Train Station
— Community Facilities
VENDOR TERMS: $4,950,000 OR CASH SALE: $4,200,000
Further information is available on estimated feasibility and development costs, strategic framework for the township of Woodend and details on concept plan of subdivision
Contact: Robert Russi
Tel: 03 8689 9896, Mobile 0412380042