16-20 King Street Rochester VIC 3561

Residential zoned land being 14314m2 in total (3.537 acres or 1.431 Hectares).
With Rochester and surrounding areas experiencing unprecedented high demand for residential building blocks, and with zero availability of blocks for sale at the present time, there is certainly an opportunity for a subdivided development (STCA) to be offed to the market at a time with exceptionally high buyer demand offering the chance of a fast payback of capital to the developer.
All services available but not connected.
Property is offered for unconditional sale as a whole. Property consists of 4 titles as per below details:
Volume 7481 Folio 027 Lots 18 and 19 on PS005546 -2 allotments 6072m2.
Volume 8163 Folio 078 Lots 1&2 TP257924Y -2 allotments approx. 2170m2.
Volume 3688 Folio 452 lot 20 PS005546 -1 allotment approx. 3036m2.
Volume 4363 Folio 401 lot 22 PS005546 -1 allotment approx. 3036m2.

With 13-15 Hotham street just coming on to the market (adjoining land), if you add this property to this holding, you will add another 4000m2 to the lot and make a perfect square block of land between King and Hotham streets opening up a lot more flexibility with subdivision design.

Call Luke Ryan on 0438 841 127 to discuss this opportunity.