$3,200,000 - $3,500,000

30 - 38 Korumburra Road, Warragul, VIC 3820

EXCEPTIONAL DEVELOPMENT OPPORTUNITY

On the southern fringe of Warragul, less than 1.5km from the town centre and with excellent freeway access, this approximate 12 acre land bank is an exciting opportunity for the astute developer or investor.
The holding is zoned General Residential One (GRZ1) and consists of two titles (approx 8.47 acres and 3.41 acres) with road frontages to both the Korumburra-Warragul and Bona Vista Roads.
Ideal for an exclusive residential development, the elevated site has superb views across the nearby hills to the distant ranges.
Warragul continues to enjoy strong economic and population growth, a popular choice for families seeking a less stressful lifestyle and affordable real estate.
Excellent schools, childcare, health, recreational and community amenities together with a wide range of retail, professional and commercial businesses cater for a broad demographic.
Further afield, the eastern fringe of Melbourne is 40 minutes, the GPO is 100km with good freeway and public transport links.
With its strategic location, stunning backdrop and exceptional development potential, this 12 acre holding could be Warragul's next premier residential estate.