Prime Development Opportunity in Melton South - Opposite Melton Train Station - RGZ 1190m2

Unlock the potential of this strategically located property in Melton South, offering an exceptional development opportunity in the heart of growth. Situated in the Residential Growth Zone - Schedule 1, this parcel spans a generous 1190m2 and allows for high-density residential living, with the potential for buildings up to four storeys, reaching 13.5 meters in height.<br/><br/>Key Property Features:<br/><br/>Residential Growth Zone (RGZ) - Schedule 1<br/><br/>The RGZ facilitates increased housing density, permitting structures up to four storeys high.<br/>Block Size: 1190m2, offering substantial space for a significant residential development project.<br/><br/>Existing Infrastructure<br/>A substantial 3-bedroom home currently occupies the block.<br/>6x18m garage situated to the eastern side of the block.<br/>Securely fenced and gated for enhanced privacy and security.<br/><br/>Internal Features<br/>Concrete stumps provide a stable foundation for future development.<br/>House size approximately 20 squares, with a layout conducive to redevelopment.<br/>Split system air conditioning for climate control.<br/>3 bedrooms with mirrored double robes, offering modern and spacious living.<br/>Tiles and floorboards throughout for a sleek and contemporary aesthetic.<br/>Alarm and security cameras cover the entire property, ensuring a secure environment.<br/>Double and lockable gated access, with roller shutters to external windows.<br/>8-car garage with power and water connections, offering ample parking space.<br/>Under House storage for added convenience.<br/>NBN connection for high-speed internet access.<br/><br/>Location Highlights:<br/>Prime location opposite the Melton Train Station.<br/>2 level crossing removals scheduled for 2024/2025, enhancing accessibility and convenience.<br/>Convenient access to Exford Road shops and the Western Freeway.<br/>Proximity to major primary and secondary schools, making it an ideal residential unit development site.<br/>Melton South is part of one of the fastest-growing municipalities, with the population expected to double by 2050.<br/><br/>Investment Potential:<br/>This development opportunity is tailor-made for a commercial developer seeking a strategic and high-yield investment. With the promise of increased housing density, coupled with the advantageous location and upcoming infrastructure developments, this property presents a rare chance to contribute to the growing demand for residential living in Melton South.<br/><br/>Seize this opportunity to shape the future of Melton South. Enquire now to secure your stake in this prime development project.<br/><br/>Call Jade Carberry 0424 929 727 or email [email protected] for more information