Low Density Land Subdivision Opportunity in Premium South Eastern Location
SOLD
Savills, in conjunction with Lane Commercial, is delighted to offer for sale this substantial infill landholding located at 294-302 Pound Road, Narre Warren South.
The property benefits from a prime position within a highly established Narre Warren South location and provides the opportunity to undertake a low-density residential development.
Key attributes of the property include:
• Significant ~5ha* infill development site in a highly established southeast corridor
• Low Density Residential Zone suiting various development outcomes
• Subdivision opportunity for 4,000sqm* lots with future potential for 2,000sqm* lots (STCA)
• Concept plan prepared for a 10-lot or 22-lot subdivision (STCA)
• Improved by two existing well presented homes providing potential for strong holding income
• Access to an abundance of retail amenity being a short drive from Westfield Fountain Gate & Casey Central Shopping Centre
• Excellent connectivity to public transport via Narre Warren Station, and major arterials via South Gippsland Highway & Monash Freeway
• Surrounded by first class lifestyle & education situated moment from Waverley Christian College & Berwick Springs Lake
*Approximate
For further information please contact:
Savills
Julian Heatherich - 0412 995 655
Beau Bakhtani - 0412 159 038
Lane Commercial
Peter Lane - 0499 668 801
| Level | Tenancy | Sale Type | Price | AreaSqm | Status |
|---|---|---|---|---|---|
| n a | Private Treaty | 50464.00sq m | Sold |