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Secure investment/development site.

115 McGlone Road, DROUIN VIC, 3818

For Sale

Property for Sale in 115 McGlone Road, DROUIN VIC, 3818

Listing ID:
11367242
Status:
Active
For:
Sale
Price:
Sale: $3,000,000
Last Updated:
13/11/2019
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Property Type

Retail/Land/Development
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Land Area

17 Acres
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Floor Area

N/A
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Parking

0

Secure investment/development site.

17 Acres (approx. 7Ha) in the PSP, zoned "urban growth" includes 1.8Ha of picturesque bush reserve.
Great position with close access to freeway and adjoining the Drouin Golf Course and a new subdivision currently being constructed.

The urban growth zone allows for full residential development. Baw Baw Shires Precinct Structure Plan has indicated a yield of 55 lots.
A plan that incorporates the existing two houses on their own separate lots would be ideal to maximise the return on the development.

The property has two substantial homes both in excellent condition.
4 bedroom ranch-style brick veneer with built-in robes (master with walk-in), all rooms are generous in size. 2 bathrooms, wood heating, Blackwood kitchen, extensive lounge and verandah.

The second house is two-story, all timber construction with 3 bedrooms,extensive kitchen/lounge area, all tiled floors, 2 bathrooms and wood heating.

Other outbuildings consist of 9m x 22m steel shed, 6m x 12m Colorbond shed with three roller doors. Carports adjoin both houses as well as another steel shed acting as a double garage for the brick residence.

There are also a number of loose box animal shelters with central lane way access for currently fully fenced paddocks.

Plenty of water with 100,000L tank storage and dam.

Inspection is strictly by appointment only.

For more details, please email agent

Williamsons Real Estate

47 Princes Way, Drouin, VIC 3818


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