Victoria, Seaside Town in Gippsland – **OFF-MARKET** 62 Acres

***SOLD***

This site is in a prime seaside location of Eastern Victoria, close to the town centre, beaches and National Parks. A rare opportunity so close to town.

This investment opportunity includes the potential to:

Description
This opportunity offers a 62 acre block in a seaside town in Gippsland, that has the potential to subdivide (STCA), into over 200 lots; each lot would be 1000sqm and expected to retail for $300k+. Value of the end product would be approx $60 mill based on the number of lots and pricing quoted above.

Summary
Purchase Price: $5,000,000
Deposit: TBC
Settlement: Vendor has requested a “reasonable settlement”

If you like what you see and are keen to know more, please contact us to receive a non-disclosure form and our schedule of fees. Once this is returned you will receive a link to full information, along with a unique password to access a Dropbox folder that contains all the information you need to make an educated and informed decision, or as much information as we can obtain.

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Vicky Gardner

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