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30 Korumburra-Warragul Rd

Warragul VIC 3820

12 ac.
Land
Currently for sale - view listing

Overview

Exceptional Development Opportunity

On the southern fringe of Warragul, less than 1.5km from the town centre and with excellent freeway access, this approximate 12 acre land bank is an exciting opportunity for the astute developer or investor. The holding is zoned General Residential One (GRZ1) and consists of two titles (approx 8.47 acres and 3.41 acres) with road frontages to both the Korumburra-Warragul and Bona Vista Roads. Ideal for an exclusive residential development, the elevated site has superb views across the nearby hills to the distant ranges. Warragul continues to enjoy strong economic and population growth, a popular choice for families seeking a less stressful lifestyle and affordable real estate. Excellent schools, childcare, health, recreational and community amenities together with a wide range of retail, professional and commercial businesses cater for a broad demographic. Further afield, the eastern fringe of Melbourne is 40 minutes, the GPO is 100km with good freeway and public transport links. With its strategic location, stunning backdrop and exceptional development potential, positioned alongside an upcoming land development set to commence shortly, this 12 acre holding could be Warragul's next premier residential estate.

Features

12 ac. lot size
Land

Property history for 30 Korumburra-Warragul Rd

2021
Sold
$1,250,000
20 Oct 2021 by Peter Clark, of OBrien Real Estate | Clark - Warragul

Happy sellers in Warragul

80%
80% of sellers in Warragul reported that their sale price either exceeded or met their price expectations.

Warragul stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Warragul over the last 12 months.

Local market activity for land plots in Warragul

In the last 12 months, 73 land plots similar to 30 Korumburra-Warragul Rd, have been sold.

This represents a 17% decrease in land plots sales when compared to the previous 12 months.

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