Property Details
20 Myrtle Grove Road, Ballan Victoria 3342
Description
Residential Development Opportunity
Commercial - Ballan Victoria
Residential Development Opportunity
A rare opportunity awaits with this incredible 6-acre parcel of land, with space for 12 plus fully serviced residential lots in a boutique sought-after location.
This is a perfect opportunity for a residential developer:
* 12 plus lot subdivision S.T.C.A – 1400 to 2300 m2
* Comparsion size lots prices in Ballan $425k to $550k
* Total sale forecast approx ave $5.4m to 5.8m making it very lucrative
* 6 acres of prime land
* All essential services available
* Concept plans and utility reports included
* Paved entry point on Myrtle Grove Road
* Positioned on an attractive undulating block in a quiet cul-de-sac, this is a worthwhile investment for any developer looking to begin a new project
* Myrtle Grove is priced to sell – under market value
An increase in popularity and demand in Ballan has seen developers carve up blocks into smaller and smaller slices, so when an opportunity comes around with bigger than average allotments, it is an opportunity not to be missed.
And when we say big, we mean big, ranging in size from 1400 square metres to 2300 square metres. Plenty of space for larger homes, sheds or generous yards.
More about the growing township of Ballan:
Ballan’s unique location, small town charm and impressive growing infrastructure has made it more desirable than ever before, attracting an ever-growing population.
Located just an hour from Melbourne on the Western Highway, it is just 30 minutes from Daylesford, Trentham and Ballarat and 50 minutes from Geelong. Ballan is also serviced by a regular Vline train.
It has everything you need, including a supermarket, cafes and pub, Neighbourhood Centre, post office and hardware store.
Growing families have three early learning centres, two primary schools and access to high standard secondary education. For the older population looking to retire, two medical centres a dental clinic and aged care guarantee a supportive tree change with everything they need.
A thriving arts culture with numerous galleries and sporting facilities including a golf course hugging the Werribee River.
Purchaser to do their own due diligence
Contact joe@mcfallrealestate.com.au
Property Features
- Land is 2.76 hectare
