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101 Wangandary Road

Wangandary VIC 3678

4
2
2
20234.28 m²
House
Currently for sale - view listing

Overview

A Rare Landholding with Development Potential

Opportunities like this are not simply purchased they are identified early. Positioned on approximately 5 acres of General Residential zoned land, this substantial Wangandary Road holding presents an exceptional opportunity for developers, investors and strategic land bankers seeking a property with significant future potential. With sealed road frontage and town water, the fundamentals are already in place. The property's considerable land component creates the opportunity to investigate a future residential subdivision or redevelopment, subject to council approval and planning requirements. The real opportunity is in the land. Five acres of General Residential land represents a sizeable residential development proposition and one that is becoming increasingly difficult to replicate. Whether the ultimate vision is a carefully designed subdivision, staged development or strategic land holding, the scale of this property provides multiple pathways to unlock its underlying value. The existing improvements provide immediate holding appeal, featuring a solid brick four-bedroom, two-bathroom residence, quality shedding and a double garage. This allows the property to be utilised while future development options are explored. Development Fundamentals Approximately 5 acres General Residential zoning Potential subdivision/development opportunity, STCA Town water Sealed Wangandary Road frontage Established 4-bedroom, 2-bathroom solid brick residence Quality shedding Double garage Substantial land component Ideal for developers, investors and strategic land bankers A Property with More Than One Story At first glance, it is an established acreage property. Look closer, and it is a substantial residential landholding with the potential to create significantly greater value through future development. For the astute purchaser, the appeal lies in acquiring the land before its full potential is realised. The combination of size, General Residential zoning, town water and established road access makes this a compelling proposition for those who understand the value of securing development land ahead of the next phase of growth. For Sale by Expressions of Interest Opportunities of this scale and zoning are tightly held and rarely offered. If you have been searching for a substantial residential development site with genuine upside, this is one to investigate.

Features

4 bedrooms
2 bathrooms
2 carspaces
20234.28 m² lot size
House

Happy sellers in Wangandary

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We have insufficient information to provide an overview of customer satisfaction for Wangandary. Viewing the agent profiles, reviews and sales for Wangandary can provide insights for this location.

Local market activity for 4 bedroom houses in Wangandary

In the last 12 months, 3 four-bedroom houses similar to 101 Wangandary Road, have been sold.

This represents a 200% decrease in four-bedroom houses sales when compared to the previous 12 months.

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