THE PROPERTY DEVELOPMENT REVIEW
3 X SUPERLOT TITLES POSITIONED ON THE MIGHTY MURRAY RIVER 1725 Perricoota Road, Moama, NSW, 2731 • Moama is one of the fastest growing regional towns in NSW where high-end lifestyle rental accommodation is in increasing demand • Echuca Moama is the closest point on the Murray River from Melbourne CBD at only 2.5 hours’ drive • The site also offers some of the best viewing positions of the world renowned Southern 80 Ski-Race A trophy project presenting a truly unique opportunity positioned on the Mighty Murray River and in one of NSW’s fastest growing rural towns. The Riverside Master-Planned Community project has a track record proven successful sales outcomes across Stages 1-3 providing proof of concept, values and sales confidence. The site has established services including; Water and Sewage Treatment Plant and electrical infrastructure. Telstra, in partnership with the landowner has also constructed a mobile tower with wireless smart community broadband facilities. With a variety of retail and adventure amenities on-site, there is also further scope for additional retail opportunities within the development. Echuca Moama sees around 2.2 million domestic night stays per year. In comparison, the whole of the Mornington Peninsula has around 1.8 million domestic night stays. The Opportunity • The total land holding at 1725 Perricoota Road, Moama, is approximately 1000,000SQM. Of which, the landowner is releasing the balance of the staged land subdivision (Stages 4, 5, 6) totaling approximately 325,600SQM. • Stages 4, 5 and 6 site across 3 x Superlot titles which provide varying lot sizes and aspects to appeal to a wide range of buyer demographics. • Stages 1–3 provide a proven track record of value and success. The residual lots across these stages will also be made available to the purchaser should it be of interest. • The project benefits from an abundance of local attractions which solidify the desire and demand for the project. • The purchaser has the option of flexible settlement terms, with settlement in tranches available.
Scott Belsey +61 422 085 673
Rhys Morgan +61 412 584 528
May / June 2024 – 31
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