10 Thompsons Road, Newborough VIC 3825

Rare opportunity to secure a significant parcel of residential development land in the major regional growth township of Newborough, just over 140kms approx. southeast of Melbourne. Situated within the Regional Shire of Latrobe City, with a population forecast to significantly grow into the future, Newborough itself continues to have strong growth which is amplified by government expenditure and incentives assisting people in choosing regional areas to both reside and invest. This 10acre UGZ1 Residential Development parcel (STCA) sits just north of the popular Newborough and Moe Townships, close to Lake Narracan, and the Moe Golf course.
The modest home boasts 3 large bedrooms, 2 separate living zones, a double lock-up garage and a wood fireplace. In addition to the property, a separate bungalow with a single bedroom, bathroom, kitchen and living area, providing for an ideal rental income whilst you plan your development. The property also provides shedding and bore water.
For sale by expressions of interest, Offers close by the 25/8/2022. The vendors reserve the right to sell prior to this date.
With land in the area being snapped up fast by developers, this will be no exception. For more information, please contact the Selling Agent Tyler Hogan on 0477712112 or email [email protected]