345 - 347 McIvor Road Junortoun VIC 3551

An exciting opportunity is presented to purchase 2.41 hectares of prime low density residentially zoned land in the very popular suburb of Junortoun. Adjacent t ...

An exciting opportunity is presented to purchase 2.41 hectares of prime low density residentially zoned land in the very popular suburb of Junortoun. Adjacent to Bendigo Domain Country Village the property is a short distance to a range of amenities, has access to the McIvor Highway via a service lane and is primed for residential development - Approximately 2.41 hectares (5.95 acres) of Low Density Residential Zoned Land - Service lane access with 63m* street frontage to McIvor Road - Residential development opportunity (subject to council approval) - Neatly presented home currently tenanted - Direct access at rear to O’Keefe rail trail - 5km to Bendigo CBD and less than 4km to Kennington Village Located in the highly sought after Junortoun location, this large parcel of low density residential land is found within a mix of established residential homes and similar larger semi-rural allotments and provides a number of possibilities for the astute investor or developer. The 5.95 acre site has approx 63m frontage and extends through to provide direct access to the O’Keefe rail trail at the rear. The site is sparsely treed land, has all services available and has the potential to yield approx 9 X 2,000m2 residential lots (STCA and estimates only). The residential accommodation includes a neatly presented 3 bedroom weatherboard home, good size lounge, kitchen, sunroom and porch. The property also has substantial shedding including a large garage as well as 4 storage sheds, ranging in size from 120m2 up to 600m2 approximately. The property has excellent access to the McIvor Highway, less than 10 minutes to the Bendigo CBD and is well located to a range of amenities and is a significant and strategic opportunity to secure a site with development potential (STCA) in a highly sought after and convenient location.