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54 Petty Road, Bunyip, VIC, 3815
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Prime Bunyip Residential 20-Lot Subdivision (STCA) Opportunity.
This highly valuable land holding of 17,032m2 has been identified as a prime residential subdivision opportunity (STCA). Located within the Gippsland region of Bunyip it is positioned within the centre of town, close to schools, hotels, retail and railway. This exciting investment opportunity will deliver a significant multi-residential development project. 
 
The Gippsland region has expanded substantially over the last decade and this potential subdivision is perfectly located in a potentially popular market for both first home buyers and upgraders. Bunyip currently has a median house price of $730,000 (CoreLogic).
 
Owner has conducted detailed due diligence into subdivision and costings through local council and land surveyors with a view to sub-divide into 20 lots averaging 700m2 blocks (STCA).
 
This site represents a significant development opportunity in Bunyip. It’s an exciting prospect for the smart investor to capitalise within this growing residential location.
 
Summary:
  • Substantial landholding of 17,032m2
  • Located within the city centre – close to schools, hotels, retail and railway 
  • Opportunity to sub-dived into 20 lots averaging 700m2 blocks (STCA)
  • 12 month settlement available.
  • $3,250,000 or $3,300,000 with Approved Sub-division Plans & Permits
For Further Information Please Contact Owner Directly. 

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