1253 Calder Highway, Marong VIC 3515

EXPRESSIONS OF INTEREST closing 15/09/2022 at 12pm.

Superbly located in the thriving Greater Bendigo region and close to amenities and only 13kms to Bendigo CBD proper is this outstanding strategic investment opportunity – 6.307ha of land with existing farmhouse on the fringe of Marong Township. Superbly positioned in a high-growth regional corridor, the property lends itself to a land-bank investment with the site identified in the Marong Township Structure Plan earmarked for future residential rezoning. With most of the land in the area already secured by developers, this property is offered for public sale for the first time in over 50 years is a rare find.

The property itself features a 3-bedroom farmhouse and sundry shedding which with some cosmetic updates could provide rental income for the successful buyer. The land is relatively flat pastural country with 2 dams and adjoins other small acreage properties.

Enquire now to receive a property memorandum.

ABOUT THE REGION:

Bendigo is situated in the geographic heart of Victoria, approximately 150kms northwest of Melbourne's CBD. Bendigo is at the junction of four highways (with excellent connections to interstate highways) and only a 90-minute drive from Tullamarine Airport.

Bendigo has become one of the fastest-growing regional centres in Victoria with resident population forecast to grow by 28.22% to 155,596 by 2041.

Bendigo is experiencing a surge in demand due to the lifestyle it offers its residents, and the affordable entry level into property ownership.

Residential property sales have been particularly strong during the past 12 months, with investors, both local and beyond, showing their confidence in our affordable, low risk market. Land-bank opportunities have been in high demand as the region is expected to see significant migration in years to come.

Marong, once a small country farming town has in recent years seen a significant increase in population off the back off investment and development in new home residential estates attracting first home buyers, families and retirees alike. Many residents commute to Bendigo for employment while others chose Marong as a place to live due to its easy-care country lifestyle combined with ease of access to nearby world-class amenities. Likewise, metro Melbourne is only 150kms along the Calder Freeway and accessible via the nearby Bendigo bypass.