Phone Enquiry ID: 28840

For sale thisoutstandinghome &future development opportunity in 2017!

Within the UGZ boundary and wonderfully presented this home & handsome 9.3 hectare land site presents a remarkable opportunity to land bank or a starting point for your next development project.

The propertys boundary is 750 meters to the nearby Mandalay Estate boasting some 2300 housing lots surrounded by a Peter Thompson designed 18-hole championship Golf course & many other amenities, lay testament to this growth.

Beveridge is a huge growth area about the Northern fringe of metropolitan Melbourne, about major regional transport corridors that is designated for large-scale growth & implementation to urban use.
Property is part of the Beveridge South West PSP161 and housing development in accordance with MPA & PSP documentation suggest of medium to higher density of some 15 – 30 dwellings per net developable hectare.

Key factors that may impact on the property are:

-* Road improvements & intersection projects set out within the PSP.
-* Finalising of the Beveridge Central & North West PSP within the next year.
-* The upgrade of Old Sydney Road to support future residential growth.
-* The widening of Cameron’s Lane to support duel carriageways
-* Limited acreage blocks for future development left in the area.

The home is in splendid order and boasts 3 bedrooms, beautiful landscaped garden, fruit tree orchard, swimming pool, tennis courtsite, trotting track, bore, 2 dams, stables, and a further outhouse has been remodeled into an office studio.

With a drive time of some 25 minutes to Melbourne Airport, & some 40 minutes to Melbourne CBD,
This property will suit a buyer who is looking for a sound investment on the Northern fringe with space for all their lifestyle needs for now as well the potential of subdividing in the not too distant future.

Inspection available by appointment.