2020 Princes Highway Nar Nar Goon VIC 3812
- Rural / Farming
- 10.2 ha
- For sale, Contact Agent
A Golden Opportunity
A rare opportunity to secure 25.22 acres, boasting prime highway exposure and a great central location being 3.5km to the new Pakenham Racetrack, 9km to Pakenham and less then 1km to Nar Nar Goon township. The property is currently zoned (GWZ), with massive opportunity for redevelopment for Developer, Investor or Astute Buyer. Nar Nar Goon could very well be the next Pakenham. Buy today to secure your future, you don't want to look back in 20 years from today and say; if only I bought that place. The South East is growing at a rapid rate spreading out into the newly zoned urban growth areas. The urban growth boundary has been revised to meet the demand of housing needed for our growing population and it is only a matter of time before 2020 Princes Highway will be re-zoned and developed.
The property currently has two comfortable three bedroom houses, a self contained bungalow, various sheds, a dam and 5 horse boxes.
One of Nar Nar Goons township strategy scenario involves increasing the town's footprint and the population by a 10 fold increase. Just imagine the value that this could add to 2020 Princes Highway, being less than 1km from the centre of town..
|Floor Area||Ask Agent|
|Land Area||10.2 ha|
|Annual Return||Ask Agent|
|Last updated||25 Sep 2018|