Rare opportunity to secure a significant parcel of residential development land in the major regional growth township of Newborough, just over 140kms approx. southeast of Melbourne, with all plans approved and ready to go. Situated within the Regional Shire of Latrobe City, with a population forecast to significantly grow into the future, Newborough & Moe townships continue to have strong capital growth which is amplified by government expenditure and incentives assisting people in choosing regional areas to both reside and invest. This residential zoned 2.3acre (approx.) Development parcel (STCA) sits just perfectly in between the 2 Townships of Moe & Newborough, making it a standout opportunity for quick land sales with its close and convenient location to both towns amenities, including health care facilities, local transport and well-regarded schools.
With endorsed plans in place for a simple 10-lot subdivision, the hard work is already done, alternatively, you can redesign the parcel to suit your needs or make the most of flexible planning options, and consider a childcare or medical centre facility (STCA) in a flat and central position to both townships.
With land in the area being snapped up fast by developers, this will be no exception. For more information, please enquire within.
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