23 Ferguson Lane, Avenel, VIC, 3664

For Sale

23 Ferguson Lane, Avenel, VIC, 3664

$850,000 to $900,000

40700 m²

Land

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2 days on the market

Inspection times

Inspections are by appointment only.

What's around 23 Ferguson Lane

Versatile Township Holding with Development & Lifestyle Potential

Positioned on the fringe of the thriving Avenel township, 23 Ferguson Lane presents an increasingly rare opportunity to secure approximately 4.046* hectares (10* acres) of Township Zoned land offering outstanding flexibility for future use. Providing an appealing blank canvas, the property lends itself equally to those considering the potential for future residential subdivision (STCA), or purchasers seeking to establish an impressive semi-rural lifestyle property within walking distance of the Avenel township. The near-square allotment benefits from extensive frontage to both Ferguson Lane and Vearings Road, while power is available on site and mains water is located nearby. Existing improvements comprise an original homestead and shedding, both of which are presently in poor condition. Offering the space and amenity of a rural lifestyle with the convenience of town virtually on the doorstep, the property is approximately a 10-minute walk from Avenel Railway Station and local shops, while Melbourne is approximately 90 minutes away. Key Features Approximately 4.046* hectares (10* acres) Township Zone (TZ), providing potential for future residential subdivision (STCA) Attractive opportunity for development, investment or the creation of a substantial semi-rural lifestyle property Two road frontages to Ferguson Lane and Vearings Road Near-square allotment measuring approximately 201 metres x 201 metres Power available on site with mains water approximately 90 metres from the south-west corner Positioned on the fringe of Avenel township within the Strathbogie Shire Approximately 10 minutes' walk to Avenel Railway Station and local shops Original homestead and shedding currently in poor condition Approximately 90 minutes from Melbourne