Ashworth Dr Traralgon VIC 3844

For Sale

Expression Of Interest

5 ac.

Land

•

1 day on the market

View agent price guide

5 ACRES | GRZ3 | SIGNIFICANT RESIDENTIAL DEVELOPMENT POTENTIAL | INDICATIVE 27-LOT CONCEPT!

Lifestyle & Acreage Real Estate proudly presents this outstanding approximately 5-acre residential development opportunity, positioned within the General Residential Zone – Schedule 3 (GRZ3) and offering the potential to create a substantial new residential community. 5 ACRES | GRZ3 | APPROX. 27 LOTS | DEVELOPERS ACTIVE ON THE SAME STREET | APPROVED PROJECTS NEARBY | HOMES CURRENTLY UNDER CONSTRUCTION A preliminary development concept indicates the potential for approximately 27 residential lots, subject to planning approval, subdivision requirements and all relevant council approvals. DEVELOPMENT ACTIVITY ALREADY UNDERWAY Adding further appeal to this opportunity is the established development activity on the same street. A number of comparable land parcels are already held by reputed developers, with some developments having received approvals and progressing into construction, with new homes currently being built. This existing activity provides an important indication of the area's development momentum and demonstrates that residential development is already actively taking place within the immediate locality. For an incoming developer, this provides an opportunity to secure a substantial GRZ3 landholding within an area where similar residential development projects are already progressing. APPROX. 27-LOT DEVELOPMENT POTENTIAL With approximately 5 acres of land, the property offers an exciting opportunity to investigate a development comprising approximately 27 residential allotments. The concept provides potential for: Approximately 27 residential lots A boutique residential estate Modern family-oriented allotments Staged development potential, subject to approvals Construction and sale of individual homes Sale of developed lots Long-term investment opportunities Strong appeal to first-home buyers, families and investors WHY THIS OPPORTUNITY DESERVES ATTENTION The combination of approximately 5 acres, GRZ3 zoning, a substantial development footprint and active residential construction nearby makes this an opportunity worthy of serious consideration. With developers already active on the same street and approved projects progressing into construction, the property offers the opportunity to become part of an area experiencing ongoing residential transformation. Whether you are an established developer looking for your next project, a builder seeking a larger development site, or an investor looking for substantial future upside, this property provides an exceptional platform to investigate a significant residential development. The approximately 27-lot concept is indicative only and remains subject to detailed planning assessment, council approval, servicing requirements, subdivision approval and all other relevant statutory requirements. Disclaimer: Lifestyle & Acreage Real Estate has taken all reasonable care in preparing this advertisement and believes the information provided is accurate. However, no responsibility is accepted for any errors, omissions, or inaccuracies. Prospective purchasers are encouraged to conduct their own enquiries to verify the information.