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87 Saunders Road, New Gisborne, VIC, 3438
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Property Highlights

Strategic Regional Landbank with Enormous Development Upside
  • Fantastic Scale plus 2 Street Frontages
  • Council Driven Rezone
  • Flexible Settlement Terms

Mulcahy Butera is delighted to offer For Sale by Expression of Interest - 87 Saunders Road New Gisborne.

Comprising a broad acre site of 4.220 Hectares, with frontage to Saunders and Barry Roads, the opportunity to purchase a significant landbank opportunity within a proposed re zone precinct is NOW.

Key highlights:

  • Dominant Street Frontages
  • Significant parcel of scale with enormous development upside (stca)
  • Proposed Rezone underway and driven by local Planning
  • Freehold Title
  • Strategically located at the ‘Doorstep’ of New Gisborne with strong arterial connections to Sunbury, Gisborne and Melton

87 Saunders Road New Gisborne is located on the northern side of Saunders Road, between Barry Road to its immediate West and Pierce Road to its East.

Undoubtedly its’ location on the doorstep of New Gisborne’s Business Park and the proposed re zone process under way with Council will ultimately transform its current rural setting, proving the local and region’s economy a significant supply of re zoned Commercial land.

The property is currently zoned Rural Living Zone (RLZ) under the provisions of the Shire of Macedon Ranges Planning Scheme. The ‘Rezone Upside’ is detailed in the ‘Gisborne Future Draft Structure Plan 2020’ which outlines the future strategy for the New Gisborne region, and in particular highlights the much needed ‘unlocking of passive rural land’ which will tap into the supply of available land for commercial retail and industrial development, securing the future economic growth and overall prosperity for the region.

With development in metro Melbourne now hitting available land and infrastructure constraints, the entrepreneurial developer and investor are now looking firmly at the future, one which discounts Melbourne as an overpriced and over developed location, and clearly looking to the regions for future prosperity. All Shires within regional Victoria have their binoculars focused on how Melbourne is now a ‘Fully Developed Economy’ and see the need for their regions to capitalise on their dormant land supply and unlock its full potential with strategic re zone announcements.

87 Saunders Road New Gisborne is well placed and is on the map for a future development, a site which sits comfortably at a future major arterial corner and a location which will further enhance the Shires’ desire to increase business confidence and development into the future.

We highly recommend your consideration of this opportunity

Remember to mention you found this property on DevelopmentReady

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