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
