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An amazing and rare opportunity exists for the astute purchaser with both capital and foresight to purchase approx. 16.5 acres of prime land in booming Maiden Gully. Land is scarce in and around Bendigo at present, so when a parcel as large as this presents, then its all about the future possibilities!
Located a mere 10 minutes from the Bendigo CBD, the property also shares close proximity to local Maiden Gully and Eaglehawk amenities, including Marist College, Maiden Gully Primary School, supermarkets and specialty shops to name a few. Currently zoned Low Density Residential, the property shares its immediate border with the proposed Maiden Gully Precinct Structure Plan, meaning re-zoning could be a possibility in the coming years? With such a huge restructure of the area imminent, what better time to invest in such a large parcel of land that is ripe for redevelopment in the future STCA?
Once a market garden and in later years a chicken farm, the soil has been fertile but dormant in more recent years. The existing dwelling sits on one of four titles and is over 100 years old. Having stood the test of time until now, the home is in need of a serious renovation, but could be fixed up to provide an income or place of residence whilst you wait for the rezoning to occur. Or, remove the building to make way for future development STCA. There is also excellent shedding, including a 12m x 9m, 6.5m x 11.5m and 13m x 7m all with concrete and power, plus other sundry shedding and outbuildings.
All signs are pointing to a profitable future for the super savvy. Call now to obtain further information or inspect by appointment only
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