84-92 Narracan Drive

Newborough VIC 3825

56655.99 m²

Land

Currently for sale - view listing

Overview

ATTENTION ALL DEVELOPERS

On behalf of the Receiver and Manager, Newpoint Advisory, The Company presents a truly unique opportunity to secure one of Newborough's most substantial and strategically positioned properties on approx. 14 acres zoned Mixed use And GRZ1. Approx. 14 acres former Hospital Site and corner site offers excellent development potential with main road exposure. A rare opportunity to secure approx 5.6 acres a corner Grz1 site strategically positioned land in one of Newborough's most prominent locations along with the former old Moe hospital on approx 8 acres zones mixed use. With its significant land area, prominent road exposure and corner positioning, the property lends itself to a variety of uses and development concepts, making it an outstanding opportunity for developers, investors and owner-occupiers looking for a long-term strategic asset. A truly unique opportunity to secure one of Newborough's most substantial and strategically positioned properties on approx. 8 acres approx zoned Mixed use The former hospital use provides the site with an interesting history and potentially valuable existing infrastructure, while the substantial land area creates the opportunity to consider a comprehensive master-planned redevelopment rather than a conventional residential project. For developers, the property represents an opportunity to investigate a significant residential project in an established township. For healthcare or retirement living operators, the site's scale and existing association with the healthcare sector make it worthy of serious consideration. Contact exclusive selling agent Jeff Giles on 0418 106 699 for further information or to discuss the property's potential. *Approximate land area. All potential uses, development concepts and subdivision opportunities are subject to Latrobe City Council approval, planning requirements and all relevant authorities. 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

56655.99 m² lot size

Land

Happy sellers in Newborough

87%

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

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

This is based on voluntary sentiment collected from 71 reviews in Newborough over the last 12 months.

Local market activity for land plots in Newborough

In the last 12 months, 6 land plots similar to 84-92 Narracan Drive, have been sold.

This represents a 20% decrease in land plots sales when compared to the previous 12 months.

Sold

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at The Company