15 Raes Road

Sunbury VIC 3429

20000 m²

House

Currently for sale - view listing

Overview

Rare 5-Acre Development Opportunity in Sunbury's Hottest Growth Corridor | Lancefield Road PSP*

Manifest Real Estate proudly presents 15 Raes Road, Sunbury - an exceptional and tightly held development opportunity positioned within the approved Lancefield Road Precinct Structure Plan (PSP), one of Melbourne's most active and rapidly expanding residential growth corridors. With 100% developable land across approximately 5 acres* (approx. 2.01 hectares), this is a rare chance for developers and astute investors to secure a premium landholding with a clear and established planning pathway, surrounded by some of Sunbury's most exciting new residential estates. Why This Property Stands Out: • Located within the APPROVED Lancefield Road PSP - no rezoning risk • 100% developable land - maximum lot yield potential (approx. 32-36 lots, STCA) • Currently tenanted generating $650 per week holding income • Surrounded by active estates including Kingsfield, Redstone, Kimberley & many more • Proposed future Sunbury North train station within close proximity • Just 20 minutes to Melbourne Airport and 40 minutes to the CBD • Sunbury's population projected to grow from 44,450 to over 105,000 by 2046 • Walking distance to future town centre, schools and community infrastructure • Heaps of new residential estates coming to the area - demand has never been stronger The Numbers That Matter: • Land Area: 5 acres* (approx. 2.01 ha) • Developable: 100% • Rental Income: $650/week ($33,800 p.a.) • Estimated Lot Yield: 32-36 lots* (STCA) Opportunities of this calibre within an approved PSP and of this size are becoming increasingly scarce. Whether you are an established developer, a land banker or a joint venture partner, 15 Raes Road presents an outstanding entry into one of Victoria's premier growth precincts. For further information, to request the Information Memorandum, or to arrange an inspection, please contact: Rishi Vohra - Manifest Real Estate on 0448 977 264 *Approximate area. All lot yields are indicative only and subject to detailed planning, survey and council approval (STCA). Purchasers should rely on their own enquiries. Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist