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Overview
PRIME 5.62ha LANDHOLDING WITH INCOME & FUTURE SUBDIVISION POTENTIAL (STCA)
Positioned within the township of Yarragon, this substantial 5.62 hectare (approximately 14 acres) landholding offers a rare opportunity to acquire a strategic property located in an identified growth area. This property combines immediate lifestyle appeal with significant long-term development potential, subject to council approval.
Situated within the adopted Yarragon Township Plan, the land is in an area earmarked for future residential expansion. Surrounding development activity is already underway, including a notable 17-lot subdivision directly opposite the property. Additionally, sewer infrastructure is located nearby, supporting the long-term development prospects of the site.
The property features a quality modern brick veneer residence built in 2009, comprising four bedrooms plus a study. The home offers comfortable family living with multiple living areas and an outdoor alfresco entertaining space. This residence provides flexibility for owner occupation, leasing, or interim holding while future plans are considered.
- Approximately 5.62 hectares (14 acres) within the township growth area
- Identified within the adopted Yarragon Township Plan
- Future residential development potential, subject to council approval
- Opposite an active residential subdivision consisting of 17 lots
- Sewer infrastructure located nearby
- Mains water and power connected
- Quality 4 bedroom plus study brick veneer home with multiple living zones
- Equine arena measuring 60 meters by 20 meters, including three stables, feed, and tack facilities
- Barn and hay shed on the property
- Strong holding income potential, estimated between $900 and $1,000 per week
- Highly sought-after landbank or development opportunity
This property represents a unique opportunity for developers, landbank investors, or purchasers seeking a quality lifestyle holding with long-term upside. It is a significant parcel within one of West Gippsland's emerging growth towns, offering both lifestyle and investment benefits.
Disclaimer: The information provided is intended as a guide only. It should not be relied upon for financial or legal purposes. While care has been taken in preparing this information, it is for informational purposes only and does not constitute a representation by the owners or agents.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Yarragon VIC 3823
Market Insights for Yarragon VIC 3823
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