7 Brown Street, Leongatha, VIC, 3953

For Sale

2047 m²

Land

•

1 day on the market

View agent price guide

Inspection times

Inspections are by appointment only.

What's around 7 Brown Street

Position, potential and flexibility in the heart of Leongatha

An outstanding opportunity awaits developers, investors and accommodation providers with this substantial 2,048m² approx. parcel of land boasting two street frontages and a highly convenient location close to the centre of Leongatha. Properties of this size, with multiple street frontages and close proximity to the town centre, are increasingly difficult to secure and offer genuine scope for a variety of development concepts, STCA. The strategic location makes the property particularly interesting for those looking to take advantage of Leongatha's ongoing demand for housing and accommodation. A compelling accommodation opportunity One potential development concept would be the creation of a quality rooming house designed specifically for professionals and workers, with the balance of the site providing an opportunity for additional townhouses or other residential accommodation. The combination could provide an attractive investment model with: - A purpose-built rooming house providing affordable, quality accommodation - Potential additional townhouses positioned behind or alongside the accommodation - Multiple street frontages providing flexibility for access and site design - The ability to create a modern, professionally managed accommodation precinct - Potential long-term rental income from multiple accommodation sources - Strong appeal to workers, professionals and people relocating to the region Importantly, all development concepts are subject to relevant planning approvals and council requirements. The location is a major part of the opportunity, with the property situated within easy reach of Leongatha's central shopping and commercial precinct, including major retailers, cafés, services and employment. 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.