Issue 54 | The Property Development Review

Property Listings – VIC

4,544sqm*

LOT A MAHONEY DRIVE | TARNEIT, VIC EXCEPTIONAL MEDIUM DENSITY SUPERLOT IN TARNEIT

Expression of Interest closing 3pm (AEST) 25/07/2024

• Vendor instructions are to sell • Prime 4,544sqm* infill development opportunity with substantial 140m* road frontage • Suitable for a high-quality townhouse scheme (STCA) • PSP approved ‘Shovel Ready’ site once a permit is secured • Potential to deliver a minimum of 18 townhouse dwellings (STCA)

• Designated residential within the Riverdale PSP • Highly efficient site from a development perspective • Access to extensive amenities within the master-planned community & immediate access to Riverdale Village Town Centre • Lack of available fully serviced infill sites in the current market • Located 30km* west of Melbourne CBD within the City of Wyndham

LAWD.com.au

*Approx

Paul Callanan 0478 652 468

Darcy Tobin 0433 644 166

Cristofar Santoro 0457 552 591

PRIME RESIDENTIAL DEVELOPMENT OPPORTUNITY IN SOUGHT-AFTER MARYBOROUGH LOCATION – POTENTIAL 49% RETURN*

7 Sebastopol Road, Maryborough, VIC 3465 Situated in the heart of the vibrant Victorian Goldfields region, this prime property is perfectly situated just 60 kilometres north of Ballarat and 168 kilometres northwest of Melbourne. This impressive site features a proposed 21-lot residential land subdivision (STCA). The expansive property spans over 10,000 square meters, with an average lot size of 426 square meters. The land itself is predominantly clear, with wide street frontage. All necessary services are conveniently available in close proximity. The property also includes a 300-meter road with a width of 7.5 meters, covering an area of 1,283 square meters, ensuring easy access and smooth traffic flow within the subdivision. *Further information on the site and feasibility estimates are available on request. The owner has documentation and estimates to assist in establishing a potential 49% return or better (Subject to purchaser’s own due diligence – information to be used as a guide only)

Mark Nunn

+61 409 412 518 +61 447 374 025

Joel Williamson

56 – July / August 2024

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