About this home
Property Details: • Type: Acreage / Semi-rural
• Bedrooms: 4 • Bathrooms: 1
Description: This is not simply a land holding; it is a Tier-One Strategic Asset positioned for exceptional capital growth within Australia's fastest-growing municipality, the City of Wyndham. Urban Growth Zone (UGZ): The property sits squarely within the highly coveted Urban Growth Zone, providing the fundamental planning endorsement for future residential subdivision. Oakbank PSP Precinct: Strategically located within the Oakbank Precinct Structure Plan (PSP), earmarking this site for future residential development. This is a crucial element for developers and land bankers. Massive Residential Potential: The Oakbank PSP is planned to accommodate approximately 28,363 people and 10,130 dwellings, underscoring the enormous scale of the development pipeline this land is a part of. Unrivalled Land Banking: Recognised as "One of the Prime land left to secure" in this specific growth corridor, offering massive potential for significant capital appreciation. Immediate Income & Holding Power: The existing 4-bedroom house (with separate living rooms) provides immediate rental income, effectively offsetting holding costs until the PSP development phase commences. A must have for : Local and overseas investors, developers, and forward-thinking land bankers who understand the power of securing prime land at the forefront of Melbourne's urban expansion. Strategic Location & Growth Corridor The site is positioned just 26 km West of the Melbourne CBD, benefiting from superior connectivity and proximity to established urban infrastructure. Proximity to Infrastructure: Surrounded by established and emerging residential estates, including Tarneit North PSP, Riverdale PSP, and Truganina PSP, highlighting its central position in the development network. Retail & Lifestyle Access: Located close to major, actively trading shopping centres, ensuring convenience for future residents: o Approx. 4 km to Riverdale Village o Approx. 6 km to Tarneit Gardens Shopping Centre o Approx. 7 km to Tarneit Central Shopping Centre Educational Facilities: Close to multiple top educational institutions, including Barayip Primary School, St John the Apostle School, and Tarneit Rise Primary School, attracting future family buyers. Transport Links: Excellent road connections with the Princes Freeway providing a direct route to Melbourne CBD, and approximately a 35-minute drive to Melbourne Airport. McGrath is proud to present this generational land asset. We invite all qualified investors and developers to undertake comprehensive due diligence and secure this high-growth opportunity. Future growth is certain; securing the right land now is the key. Contact today!