URV Estate Agents proudly present this exceptional opportunity to secure approximately 2.99 acres (approx.) of strategically positioned land within the approved Lake Narracan Precinct Structure Plan (PSP) area in rapidly growing Newborough. Positioned within Urban Growth Zone, this property offers significant long-term potential for future residential growth and possible development opportunities, subject to council and relevant authority approvals.
The property includes an existing 4-bedroom residence, providing immediate rental return or holding income potential while future opportunities are explored. Ideally located close to schools, shopping centres, sporting facilities, transport and everyday amenities, this property may appeal to investors, land bankers, developers and lifestyle buyers seeking a strategic position within an established and evolving growth corridor.
PROPERTY FEATURES:
- Approx. 2.99 acres (approx.)
- Existing 4-bedroom residence
- Urban Growth Zone Schedule 1 (UGZ1)
- Located within the approved Lake Narracan PSP area
- Future residential growth potential*
- Potential future subdivision opportunity*
- Buyers may wish to explore future development opportunities including potential childcare centres, medical centres, swim school/recreation facilities, service station or other complementary uses*
- Corner allotment position
- Town water connected
- Outlook toward Lake Narracan and Moe Golf Course
- Excellent access to schools, shopping and transport
LOCATION AMENTIES:
- Education: Lowanna College (3 mins), Immaculate Heart of Mary Primary School (6 mins), and Newborough Primary School (7 mins)
- Shopping & Retail: Woolworths and Coles (5 mins), with ALDI and Kmart just 6 mins away
- Food & Dining: KFC is 6 mins away and McDonald's is approx. 9 mins away
- Transport: Moe Train Station is conveniently located just 5 mins away
(* Subject to Council and Relevant Authority Approvals)
Before making an offer, buyers should conduct their own due diligence and make all necessary enquiries.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
ENQUIRE TODAY
Contact Achal Arora (Jazz) on 0432 413 929 for further information or to arrange a private inspection.
DISCLAIMER:
This advertisement and all information contained herein are provided solely for general marketing purposes and do not constitute a representation, warranty, guarantee, advice, or statement of fact. All images, descriptions, dimensions, figures, plans, projections, and other information are indicative only, subject to change without notice, and must not be relied upon. Any references to land size, boundaries, floor area, zoning, planning controls, development potential, subdivision potential, renovation potential, future use, rental return, investment performance, or matters subject to council, statutory, regulatory, or third-party approval are speculative only and subject to independent verification. URV Estate Agents and its representatives make no representation or warranty, express or implied, as to the accuracy, completeness, legality, suitability, or reliability of any information provided, and no employee or representative has authority to make any representation or guarantee on behalf of the agency. Interested parties must rely solely upon their own independent enquiries, inspections, searches, due diligence, and professional advice and must not rely upon any advertisement, statement, or representation made by URV Estate Agents or its representatives. To the maximum extent permitted by law, URV Estate Agents disclaims all liability arising from any reliance upon the information contained herein.
