Great Land Banking Opportunity for Investors
45 Acres Positioned in prominent growth corridor,
Now is your chance to secure 45 acres of prime land in a prominent position along one of The West’s most recognised roads in one of the fastest growing corridors in Australia.
This beautiful flat and clean 45 Acres parcel, set in a perfect position close to current services at the almost entirely sold-out Thornhill Park, with new infrastructure currently being built along Mount Cottrell Road. Bunnings & Proposed Melton Hospital is just a touching distance away.
1192-1218 Ryans Lane also enjoys proximity to the greater city of Melton, and is a stone’s throw away from the Western Freeway, creating a convenient access point to all of Melbourne’s key features including the Melbourne CBD (30mins) and the Melbourne Airport (also 30mins). With two major thoroughfares on either side of the block, Melton Highway to the North and The Western Freeway to the South, the possibilities are endless. Current rail access is available at Cobblebank Station, a 5 minutes drive from the property, and further rail access will be available at the forthcoming Thornhill Park Station, just over the freeway and now in planning.
With the vast majority of prime developable property in the area having already exchanged hands this parcel is one of the last available of its kind. Bunnings & Melton Hospital is just a touching distance away.
Current Residential Projects in the area include Mirvac’s Woodlea Estate, Bridgefield, Thornhill Park, Accolade, Millstone, Lendlease’s Atherstone Estate, Oliver Hume’s “Serenity” and the soon-coming behemoth, Mt Atkinson, just to name a few, with new projects both large and small being announced almost daily.
So don’t delay in securing your future project NOW! A reasonable price with flexible terms and a huge upswing in profit await the savvy buyer who secures this fantastic site.
For sale by Expression of Interest
Closing Friday 4 December 2020
Call Kevin Paghdar on +61 426 510 510 Or Harvir Hans +61 421 452 651 today for further enquiries.
Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist –
|R&H Suburb Summary||Houses|
|Number of sales||110|
|Median Rental Price||$320 p.w.|
|Change in Rental Rate (5yr)||19 %|
|R&H Suburb Summary||Units|
|Number of sales||31|
|Median Rental Price||$300 p.w.|
|Change in Rental Rate (5yr)||11 %|