42A Longwarry Road

Drouin VIC 3818

4877 m²

Land

Currently for sale - view listing

Overview

Rare 1.2 Acre GRZ Development Opportunity

The Company Real Estate proudly presents an exceptionally rare development opportunity in one of Drouin's most tightly held and highly sought-after locations. Set on approximately 1.2 acres (General Residential Zone), this substantial landholding offers outstanding scope for developers, investors and land-bankers seeking to capitalise on the continued growth of one of Gippsland's fastest-growing communities. With the potential for a multi-townhouse/unit development of approximately 10 dwellings (STCA), the property presents a compelling opportunity to unlock significant value in a location where large, development-ready sites are becoming increasingly scarce. Adding immediate versatility, the property includes an existing four-bedroom residence, providing the option to renovate, lease for holding income, or occupy while planning the site's future development. Property Highlights * Approximately 1.2 acres (4,856m²). * General Residential Zone (GRZ). * Potential multi-townhouse development of approximately 10 dwellings (STCA). * Existing four-bedroom residence providing immediate holding income potential. * Rare infill development opportunity within an established residential precinct. Ideally positioned within minutes of Drouin's thriving town centre, the property enjoys exceptional convenience, including: * Approximately 2 minutes to Drouin cafés, restaurants and retail precinct. * Approximately 3 minutes to Drouin Railway Station. * Approximately 3 minutes to Woolworths and Coles. * Approximately 3 minutes to Drouin Primary School. * Approximately 4 minutes to Drouin Secondary College. * Easy access to the Princes Freeway, providing a convenient commute to Melbourne. General Residential Zoned landholdings of this scale, location and development potential are exceptionally rare. Whether you're looking to deliver your next residential project or secure a strategic investment in a rapidly expanding township, **42A Longwarry-Drouin Road** represents an outstanding opportunity. Disclaimer: The Company Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accepts no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Features

4877 m² lot size

Land

Happy sellers in Drouin

83%

83% of sellers in Drouin reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 66 reviews in Drouin over the last 12 months.

Local market activity for land plots in Drouin

In the last 12 months, 30 land plots similar to 42A Longwarry Road, have been sold.

This represents a 4% increase in land plots sales when compared to the previous 12 months.

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

at The Company