This is a rare and strategic opportunity to own 10.5-acres of land in an area designated for huge growth! Within an hour’s drive of the very centre of Melbourne, options abound here for the savvy investor or developer looking to respond early to the Victorian Planning Authorities Fast Track Program.

- Located in the Wallan East (Part 1) PSP
- Potential to yield approximately 70 Lots (STCA)

Under this program, the Wallan East Precinct Structure Plan has been identified as a project where the land within it will be designed to complement the existing Wallan township. The project covers a total of 140-hectares, of which this property makes up over 10 acres!

With subdivision possibly on the horizon, this is an incredible development opportunity. There’s a current existing abode thats already leased, while the new owner can decide on the best path forward.

The plot is beautifully located just 15-minutes’ walk from the Wallan train station, making a Melbourne commute an easy option. It’s also close to Wellington Square Shopping Centre, Wallan Primary School and Wallan Secondary College, placing schools and conveniences within easy reach.

If you’re a high profile developer and looking for the next subdivision potential over the next 5 years, please get in touch with Ristic today. We’d love to answer your questions about this rare opportunity!

Due diligence checklist – for home and residential property buyers -http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer:
While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. We, therefore, do not accept responsibility for its accuracy and strongly advise all interested parties to obtain independent advice and make their own inquiry before proceeding.