30a Princes Avenue, Longwarry, Vic 3816

Here is an opportunity to build a 30+ unit complex, a retirement village or simply put a road through the middle of this parcel and have blocks either side. If you have been looking for a development project to get your teeth into or simply an outstanding opportunity to invest in your future, then look no further than this flat approximately 3.2 acre parcel of premium sub-division land.

Set in the heart of the fast growing town of Longwarry and within walking distance to the town shopping precinct and the electric train line, this block is now surrounded by residential sub-division and offers the lucky purchaser the opportunity to develop and resell house block or design and build a more high density unit development (STCA).

If you can get 30 units on this site, you are only paying about $25,000 per site, plus costs, which makes this site profitable. Ready to sub-divide now, you had better be quick as once this is gone, there is very little opportunity to purchase like this again, particularly at this price. Section 32's are available upon request.

Just of the M1 freeway, 5 minutes to Drouin, 15 minutes to Pakenham and 45 minutes to the CBD of Melbourne, Longwarry is a town that is in a huge growth phase and was reported several years ago and one of the best places to invest in Australia with the expected increase in infrastructure. There is an existing, very basic house on the block, which could be leased out, along with some shedding.

Ready to go, best be quick at this price!

Property Code: 45536