Unique opportunity, 50.5 acres urban growth zone Warragul

the challenges of 2020, the residential development market continues to shine in Baw Baw Shire as people look to utilize government incentives and families consider relocating to rural environments not too far from Melbourne.

As a consequence, this 50.5 acre (20.41 ha) proper ty, located on Warragul Lardner Road, presents as a rare oppor tunity for savvy investment.

With a nor therly aspect and easy access to the Freeway, hospital, a range of schools and the Warragul Station, the land holds great potential for future subdivision and development.

Under the current PSP the summary of the proper ty is listed as follows:

• 27.13 acres (10.98 ha) Residential development

• 12.48 acres (5.05 ha) Waterway corridor & drainage

• 10.25 acres (4.15 ha) Farming Zone

• 0.57 acres

(0.23 ha) Native vegetation retention

There are also Indicative Subdivision Plans for 128 lots for the existing Residential Zoning por tion.

An existing home is situated on the Farming Zone por tion allowing for a new home to be built here in what would be a unique 10+ acre lifestyle proper ty within the

Warragul boundary (STCA) – as rare as hen’s teeth.

The current owners also have an application with Baw Baw Shire Council to review the Farming Zone por tion to Residential.

There is also a current application to BBSC from the adjoining proper ty for a planning permit for 470 Lot Subdivision pursuant to the Warragul PSP.

Beautiful sweeping views, a clean rural environment, proximity to Warragul, plus two reliable creeks and a large spring-fed dam suppor ting an abundance of wildlife – all add fur ther value to the unique marketing plan this potential proper ty subdivision offers.

To find out more and arrange a visit to 295 Warragul Lardner Road in Warragul contact Max Canobie from SEJ Real Estate – call Max on 0429 858 384.

The price is $3,900,000.