185 Bridge Road, Toolern Vale VIC 3337

Property Type: House and Land
State: VIC
Suburb: Toolern (3337)
Location Type: Near Motorway, Near Parkland, Near Schools, Rural
Condition: >1yr Off the Plan

Property Information
Toolern is located approx 10 minutes from Melton and 50 minutes from Melbourne.
Toolern Vale contains a primary school, CFA fire station, a war memorial and reserve with tennis courts, as well as a community hall often used for antique and collectables auctions.
Toolern Vale is renowned for the numerous horse studs, stables and training facilities which abound. The area is often referred to as "Thoroughbred Country".
We have secured a land development agreement with the land owner which will see us develop 350 lots strategically located within the new Toolern precinct in Melton South adjacent to the Atherstone development area currently underway by Lend Lease.
Our goal is to provide the most affordable housing solutions within the Toolern precinct and take advantage of the land's central location to the major activity centre and future train station.
The recently adopted "Toolern Precinct Structure Plan" has identified the subject parcel as the future Major Activity Centre for Toolern that will incorporate approximately 70,000m² of retail development including several full line supermarkets, discount department stores, 100+ specialty shops and a future train station.
*Toolern posted a Rental Yield of 3.64%, Capital Growth of 7.13% and a Total Return of 11.08% over the past 10 years.
*Residex Quarter Ending March 2013

Property Snapshot:
House & Land packages from $326,000
900mm stainless steel appliances
Stone bench tops to kitchens and bathrooms
2400mm celling heights
Split system air-conditioning
Ducted heating
Blinds to all windows
Extensive landscaping

To find out more about Toolern Central House & Land including expected capital growth, rental returns and pricing, please enter your details below with your enquiry. A property investment team member will then contact you by the next business day - we guarantee it!
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