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This sensational 63-acre block in Melbourne’s Cardinia Shire - one of the city’s fasting growing areas – presents an opportunity to acquire a significant parcel of flat, cleared land with only a deposit required until settlement in 2021.
Earmarked as a major growth corridor to accommodate Melbourne’s rapidly expanding population, many thousands of hectares of nearby farmland have recently been rezoned to create new housing lots. This development activity is expected to extend to neighbouring areas in the coming years as the local population increases by more than 80% through to 2040.
Located on major arterial Ballarto Road, this premium property is 10 minutes (approx.) from the M1 freeway and multiple train stations providing direct CBD access. It’s also walking distance to Cardinia Primary School and the Cardinia town centre.
Whatever your investment timeframe, this opportunity promises considerable short and long-term returns.
INVESTMENT HIGHLIGHTS
• 63 Acres of flat land
• Current residential zone only 2.9km (approx.) from site
• Ideal for development
• Approx. 55 Min to Melbourne CBD
• Approx. 18 Min to proposed new airport
• 1 Min to shops and schools
• High growth and development area
• Mid to long settlement terms