Unlock the potential of this expansive dual-site opportunity, spanning a total of 21.9 hectares (approx. 54.75 acres) across two prime parcels. With an impressive 219,219 square metres of total land area, the developable footprint-after accounting for roads, footpaths, and required setbacks-is approximately 153,219 square metres. From a planning perspective, this could accommodate anywhere from 383 to 510 residential dwellings, depending on your design scope and allotment size. With the increasing demand for affordable housing and downsizing options, there's potential to incorporate smaller dwellings (as compact as 200sqm) to achieve even higher yield.
Strategically located, the property boasts main road frontage to Stony Point Road and an additional entrance via Woolleys Road-offering excellent connectivity to the nearby Bittern Train Station and Bittern Shopping Centre. The site is gently sloping with sections offering sweeping views towards Westernport Bay, and minimal tree coverage means reduced costs during site preparation. The future vision for the site aligns well with a blend of affordable housing and a retirement village, tapping into key demographic needs while maximising site efficiency.
While both parcels are available, preference will be given to buyers seeking to secure the full holding, unlocking a broader development strategy. It's worth noting a telecommunications tower is planned for 527 Stony Point Road at the front of the site-details of which will be provided in the upcoming Section 32 documentation. With significant scale, flexible zoning potential, and strategic positioning in a high-growth pocket, this is a rare and exciting opportunity for visionary developers to make their mark.
I acknowledge that this advertisement provides information as a guide only. Zed Real Estate does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floorplans are to scale and created based on the photographers' best knowledge
