40-42 Craig Road, Devon Meadows VIC 3977

Located on Craig Road and close to the Royal Botanic Gardens, this parcel of land (approximately 18 acres in 2 lots) is currently zoned Farming and can be used for a range of related uses. The terrain is flat with vegetation mainly on the outer perimeter. The Farming Zone is essentially a holding zone and it is important to note that this land is within a future Precinct Structure Plan (PSP) and will suit developers looking to secure land for potential subdivision which is located close to other successful developments.

Some of these estates have been already been completed and sold out or they are currently under development. Settlers Run, Acacia & Summerhill are fine examples of popular housing estates in the immediate vicinity.

The Devon Meadows PSP is identified in the South East Growth Corridor Plan as a future urban area and will be subject to detailed investigations as part of the PSP process.

Given the current rural zoning, a Growth Areas Infrastructure Contribution (GAIC) is not yet payable on these lots making this parcel of land a very attractive investment.

Devon Meadows is located within the City of Casey in Melbourne's south-eastern growth corridor and is only 5 minutes from the heart of Cranbourne and its extended infrastructure and facilities.

Detailed planning information can be made available upon request or contact Matthew Dewan for further discussion or a site visit.