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587-591 Midland Highway
Huntly, VIC 3551
Elders EOI Closes Wed 15 April - ISP $1.1 - $1.2M
Contact for Price
Overview
587-591 Midland Highway, Huntly, VIC, 3551
This prime development site comprises three individual titles fronting the Midland Highway, which together form a unique corner site at the intersection of the Highway and Pasley Street in Huntly, Victoria. The total land area is approximately 3,611.5 square meters, offering a substantial footprint for various development opportunities.
Located opposite the well-known Huntly Pub and adjacent to the Huntly Public Gardens, the site benefits from a highly visible and accessible location. The area is zoned General Residential, making it suitable for a range of residential developments subject to council approval (STCA). Additionally, the site adjoins a Commercial 1 Zone and has frontage to a principal road network (TRZ2), which broadens the scope for commercial development possibilities.
Potential commercial uses permitted within the residential zoning include medical centres, commercial accommodation, childcare centres, retail outlets, educational facilities, religious gathering places, home-based businesses, community centres, car parks, car washes, plant nurseries, storage facilities, convenience shops, restaurants, and service stations, among others. This versatility makes the site attractive for developers seeking to capitalize on both residential and commercial markets.
The site enjoys excellent exposure to passing traffic, which is advantageous for attracting customers and tenants. Essential services such as mains power, sewerage, and telephone connections are conveniently located close to the property boundaries, facilitating development and reducing infrastructure costs.
Currently, the property includes a three-bedroom brick home dating from the 1950s. The existing dwelling would require significant renovations if retained, offering an opportunity for redevelopment or refurbishment depending on the buyer's intentions.
Huntly is a thriving suburb within the Bendigo region, located just 15 minutes from the Bendigo CBD. The area is experiencing growth, evidenced by the recent opening of the Victory Christian College campus in nearby Epsom and the forthcoming St Thomas Aquinas Catholic Primary School in Huntly, scheduled to open in 2027. The community is well-serviced with sporting facilities, public transport options, an IGA supermarket, a pub, post office, café, and bakery, making it an attractive location for families and businesses alike.
Prospective buyers are encouraged to review the Due Diligence checklist available at the Victorian Government consumer website to ensure informed decision-making.
Location
Huntly VIC 3551
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