36. Thompsons Road Newborough, 3825 VIC

Development Potential- Ready to go 6 acres- Land-banking Opportunity

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Land-bank this property for future long term growth or develop now, Located on 5.95 acres of UGZ1 zoned land (General Residential)- Adjacent to a 325 home development currently selling for residential lots from 400sqm-1000sq, into Stage 4/5/6.
Overlooking Lake Narracan with walking tracks, and a short stroll to the well renowned Moe Golf course. Mains town water, sewer is in the vicinity.
Featuring a solid brick veneer modernised 3 Bedroom 1 Bathroom, double lock up garage, outdoor entertaining area. 8 Paddocks well fenced throughout suited to horses and fully dog proof fencing. Abundant shedding including a 9x12 shed with concrete floor and power, 2nd Shed is of a large size ideal for car storage etc.

Annual rental return of approx $23400 pa.

A solid investment opportunity, for more information contact Cam Roberts 0488 050 440

For Sale $750000

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Inspection of this property is available strictly by arrangement only.

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