The Company Real Estate proudly presents an exceptionally rare development opportunity in one of Drouin's most tightly held and highly sought-after locations.
Set on approximately 1.2 acres (General Residential Zone), this substantial landholding offers outstanding scope for developers, investors and land-bankers seeking to capitalise on the continued growth of one of Gippsland's fastest-growing communities.
With the potential for a multi-townhouse/unit development of approximately 10 dwellings (STCA), the property presents a compelling opportunity to unlock significant value in a location where large, development-ready sites are becoming increasingly scarce.
Adding immediate versatility, the property includes an existing four-bedroom residence, providing the option to renovate, lease for holding income, or occupy while planning the site's future development.
Property Highlights
* Approximately 1.2 acres (4,856m²).
* General Residential Zone (GRZ).
* Potential multi-townhouse development of approximately 10 dwellings (STCA).
* Existing four-bedroom residence providing immediate holding income potential.
* Rare infill development opportunity within an established residential precinct.
Ideally positioned within minutes of Drouin's thriving town centre, the property enjoys exceptional convenience, including:
* Approximately 2 minutes to Drouin cafés, restaurants and retail precinct.
* Approximately 3 minutes to Drouin Railway Station.
* Approximately 3 minutes to Woolworths and Coles.
* Approximately 3 minutes to Drouin Primary School.
* Approximately 4 minutes to Drouin Secondary College.
* Easy access to the Princes Freeway, providing a convenient commute to Melbourne.
General Residential Zoned landholdings of this scale, location and development potential are exceptionally rare. Whether you're looking to deliver your next residential project or secure a strategic investment in a rapidly expanding township, **42A Longwarry-Drouin Road** represents an outstanding opportunity.
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.
