ATTENTION DEVELOPERS AND INVESTORS - $1100000

Description

5571m2 (approx) Vacant Land Suited to Subdivision - Plans for 14 dwellings(STCA) Residential 1 Zone Prime location, close to Waurn Ponds Shopping Complex, Reading Cinema, Surf Coast Highway, CBD and easy access to Melbourne Road A chance to purchase vacant land of this size is very rare. It is located near the intersection of Torquay and Pioneer Roads. Quick and easy access to Torquay Road, only one minute from Settlement Road giving a clear run to Melbourne, ideal for commutors. A short stroll to the Grovedale Hotel for lunch or dinner. Waurn Ponds Shopping Complex has every type of shopping you require, no need to go into the city. New Leisurelink complex due for completion end of 2009(approx). Public transport at your door. Grovedale's capital growth is excellent, with a jump of 12% (approx) from 2004 to 2008. Located at the gateway of the Surf Coast Highway this suburb is expanding rapidly. Grovedale is bordered on the north by Waurn Ponds Creek linear park and on the south by the railway. Commutors love the ease of getting to work via rail departing from the Marshall Station. Older homes are being renovated to keep up with today's designs. Newly constructed homes are a sign of the growing market as home owners realise the benefits of living in the area. Baby boomers are looking at downsizing but want to stay in the area. Opportunity for developers to subdivide (STCA) and construct. Plans available for 14 units (STCA)