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717 McIvor Highway

Junortoun VIC 3551

3
1
6
0 m²
4.7 ac.
House
Currently for sale - view listing

Overview

Approx. 4.8 Acres with Potential for 10+ Residential Lots (STCA) in Prime Junortoun Location

Positioned in one of Bendigo's fastest-growing residential corridors, 717 McIvor Highway, Junortoun presents an exceptional opportunity to secure a substantial landholding of approximately 4.8 acres within the Low Density Residential Zone (LDRZ), offering outstanding future development potential (STCA). Surrounded by established and highly successful residential estates, this premium parcel is ideally suited for developers and investors looking to capitalise on the increasing demand for residential allotments in the Junortoun area. Preliminary potential suggests the opportunity for 10+ residential lots (STCA), making this a rare and highly desirable development site ready for the next stage. With quality developments directly adjoining the property on both sides, including the highly successful Rangelea Rise Estate and Pinnacle Place Estate, both reportedly 80%–90% sold out, the demand for lifestyle residential living in this location is already proven. Perfectly positioned on the well-connected McIvor Highway, the property enjoys exceptional convenience and accessibility: -Directly opposite Catherine McAuley College -Opposite the Bendigo Racecourse -Approximately 7.1km to Bendigo CBD -Just 6km to Bendigo Airport -Around 15km to Lake Eppalock -Approximately 1 hour 30 minutes to Melbourne Airport -Approximately 1 hour 50 minutes to Melbourne CBD Whether you are looking to landbank, develop immediately, or secure a premium growth asset in a thriving location, this property represents a rare opportunity with enormous upside potential. Opportunities of this scale and positioning are becoming increasingly difficult to secure, enquire today to explore the possibilities at 717 McIvor Highway, Junortoun. Disclaimer SRE Real Estate has taken reasonable care in compiling this information to ensure its accuracy. However, details such as property dimensions, location, and descriptions have been sourced from third parties and supplied to SRE Real Estate. Accordingly, SRE Real Estate does not guarantee the accuracy or completeness of this information and disclaims any responsibility for errors or omissions. We strongly advise prospective buyers to undertake their own research and verification of all details. For further guidance, please consult the due diligence checklist available through Consumer Affairs

Features

3 bedrooms
1 bathroom
6 carspaces
6 garage spaces
0 m² floor area
4.7 ac. lot size
House

Property history for 717 McIvor Highway

2023
Rented
Undisclosed
Leased on 29 Aug 2023 by PRD Bendigo
2023
Sold
$1,250,000
18 May 2023 by Michael Brooks, of McKean McGregor

Happy sellers in Junortoun

87%
87% of sellers in Junortoun reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 3 reviews in Junortoun over the last 12 months.

Local market activity for 3 bedroom houses in Junortoun

In the last 12 months, 6 three-bedroom houses similar to 717 McIvor Highway, have been sold.

This represents a 20% decrease in three-bedroom houses sales when compared to the previous 12 months.

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