Lifestyle For Sale - VIC - Drouin - 3818 - DROUIN URBAN GROWTH ZONE (Image 2)

235 McGlones Road Drouin VIC 3818

For Sale $2000000

3 1

Property Type Lifestyle
Land area approx 12.35ac
Region Gippsland
Locality Baw Baw

Tags: Dairy Workshop Development Lifestyle

DROUIN URBAN GROWTH ZONE

A very special 5ha (12.35acres) Urban Growth Zone - Schedule 2 property being very close to current development and having sewerage already committed through the property.
PSP shows total area of 4.92ha with Waterways Corridor and Drainage assets area of 1.89 ha with a declared Total Development Area of 3.03 ha. Gippsland Water Plans states 3.03ha @ 12 lots per ha = 36 lots potential.
In the meantime enjoy a quality lifestyle from this impeccable 3 bedroom "Country Character" home with two great alfresco areas, plus very good pastured paddocks.
A definite reduction in capital investment by creating a separate title to sell this home.
A superb location being just 2 minutes to the freeway via the Drouin Golf Club and also adjoining residential homes on the prestigious Fairway Drive Estate.

INFORMATION
• 5ha (12.35 acres) URBAN GROWTH ZONE - SCHEDULE 2
• Mains sewerage line to be installed through property
• PSP declares area of 4.92ha, Waterways Corridor and Drainage Assets of 1.89 ha, and Total Development area of 3.03 ha,
• Gippsland Water Plans states 3.03 ha Development area at 12 lots per ha = 36 lots potential.
• Existing character filled 3 bedroom weatherboard home with two adjoining living rooms plus fantastic renovations that modernize the kitchen but retain the "Country Charm"
• 2 x "Alfresco" areas for outdoor living and relaxation with privacy from the road
• Double lock up garage - concrete floor
• Ex dairy building with three areas - single garage, workshop and storage
• Other sheds - also a dam
• Great location being just 2 minutes to freeway via the Drouin Golf club and also adjoining existing residential homes on the prestigious Fairway Drive estate
• A unique property for developers or investors or as a current lifestyle home / property that will keep on increasing in value. Capital investment costs could be further reduced by selling the existing home once titles have been created.