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Located just over seven kilometres from the Bairnsdale CBD is this gently undulating rural property of approximately 110 acres. The property is zoned Low Density Residential (LDRZ) allowing subdivision into lots as small as one acre (subject to council approval). Three phase power runs through the property, town water is at the entry to the property, fixed wireless NBN is available and there is good Telstra mobile phone reception in the area. There are two existing homes on the property, four dams and the boundary fencing is in good condition. The property is currently used for grazing cattle and this could provide an additional income source to the new owner whilst the land is developed.
There are excellent rural views across the property and the topography of the land could allow for development into private blocks running primarily north/south, most with flat building areas. The property borders farming zoned land to the eastern and north-eastern sides meaning the rural outlook and feel is unlikely to be lost in the foreseeable future.
This property represents excellent value for the astute developer and offers great potential returns. To discuss the potential of this property further please contact Richard Ivey on 0401 113 310. Inspections available seven days a week by appointment.
Property Code: 92
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