Universal Real Estate Vic NORTH is pleased to present a 4.64-acre future development site in Maiden Gully. Located 14 minutes away from Victoria's 4th Largest town Bendigo which has forecast population of 129,491 in 2025.
Key features of the site include:
-A total land area of approximately 4.64 acres.
-Currently Low-density residential and farming zoned with potential for future General Residential Zoning, subject to council approval.
-An existing three-bedroom home with a separate bungalow and an additional bedroom, suitable for guests, extended family, or a home office.
-Already rented out Approx. at $25,028/- per annum.
-Close Proximity to Maiden Gully Town Centre, Maiden Gully Primary School, Village Early Education Centre, Maiden Gully Tennis Club, and other amenities.
-Potential for future Multi-Lot Subdivision residential development (STCA).
-The five-year average increase in median property values for Maiden Gully, Victoria 3551, presents property investors with a potential capital gain of 41.75%.
Do not miss out on this opportunity. Contact Achal Arora at 0432 413 929 before the site is sold.
DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please do your own Due Diligence and do not rely on any of the above information.