140 & 140A Becks Bridge Road, Newborough VIC 3825

Property Details: • Type: Development Site

• Bedrooms: 0 • Bathrooms: 0

Description: 50.35 hectares of prime Residential development land on a single title contained within the Lake Narracan Precinct Structure Plan. Benefiting from an already established Residential (GRZ) Zoning and picturesque lake backdrop, this fabulous parcel of land bolts onto the current development being undertaken on the southern boundary of the property. Ideally located in Central Gippsland and just an hours drive from outer suburban Melbourne, this property is well positioned to cater for future residential housing demand with a wide range of service availability, V-Line transport and M1 Freeway access just minutes away. With a current population of 77,000 approx people in the greater Latrobe region, extremely low residential vacancy rate and affordable land, buyers and investors are successfully combining lifestyle options with affordability in their purchasing of property within the area. The opportunity to land bank or move quickly towards the development stage highlights the property's flexibility in one of Victoria's high performing regional markets.