Traralgon VIC 3844
About this home
Property Details: • Type: Vacant Land
• Bedrooms: 0 • Bathrooms: 0
Description: Lifestyle & Acreage Real Estate proudly presents this outstanding approximately 5-acre landholding, positioned within the General Residential Zone Schedule 3 (GRZ3) and offering purchasers the opportunity to investigate two distinct development pathways, subject to council and relevant authority approvals. TWO CONCEPTS. ONE STRATEGIC OPPORTUNITY. OPTION 1 APPROX. 27-LOT RESIDENTIAL SUBDIVISION (STCA) An indicative residential concept demonstrates the potential for approximately 27 residential allotments, creating an opportunity for developers and builders to investigate a boutique residential estate. Potential outcomes include approximately 27 residential lots, staged development, construction and sale of individual homes, or sale of completed allotments. The surrounding area is already experiencing residential development activity, with developers active nearby and projects progressing through approval and construction stages. OPTION 2 CHILDCARE & MEDICAL CENTRE PRECINCT (STCA) An alternative concept demonstrates the potential to investigate a mixed community-services development, incorporating: Childcare Centre positioned toward the front of the site Medical Centre positioned toward the rear Dedicated on-site parking and vehicle circulation Childcare drop-off and pick-up areas Landscaped surrounds and open spaces Separate functional areas for each proposed use This concept provides an alternative pathway for developers and investors seeking to explore a development focused on essential community services rather than a conventional residential subdivision. FLEXIBILITY FOR DEVELOPERS & INVESTORS The combination of approximately 5 acres of land, GRZ3 zoning and two alternative development concepts provides prospective purchasers with the flexibility to investigate the development strategy that best suits their objectives. Whether pursuing an approximately 27-lot residential subdivision or exploring a childcare and medical centre development, this substantial landholding presents an exciting opportunity within an area experiencing continued residential growth and development. Both concepts are indicative only and subject to planning approval, council consent, servicing requirements, subdivision approval, permits and all other relevant statutory and authority requirements (STCA). Disclaimer: Lifestyle & Acreage Real Estate has taken all reasonable care in preparing this advertisement and believes the information provided is accurate. However, no responsibility is accepted for any errors, omissions, or inaccuracies. Prospective purchasers are encouraged to conduct their own enquiries to verify the information.