403-429 Eleventh Street, Mildura VIC 3500

This could be Mildura's best development opportunity on offer right now!

Being offered for sale for the first time in over 80 years is just over 5 acres, on 2 titles of prime residential land in a sensational location.

The property includes the original 1940s homestead and iconic Mildura Puppetry Centre on approximately ¾ acre with cleared land making up the remainder of the property.

Allowing for the dwellings to stay provides a proposed 30 lot plan of sub-division or a concept plan for an ecologically responsible development – both plans available on request.

Alternatively, the dwelling could be removed to allow further subdivision potential or full use of the 5 acres if required.

In addition to sub-division potential the site also provides opportunities for multiple other uses (STCA) including but not limited to: Medical facilities, community care facility, place of worship, aged care facility.

THE PROPERTY IS BEING OFFERED FOR SALE BY WAY OF EXPRESSIONS OF INTEREST CLOSING 5 PM TUESDAY 15TH NOVEMBER 2022 (Unless sold prior).

The vendors are open to multiple sale options including splitting the 2 lots or even the possibility of subdividing off the homestead and puppet studio, particularly if there is interest to retain the dwelling and take on the Mildura Puppetry Centre as a going concern complete with the thousands of historic puppets. (Further details of the puppets available on request.)

Contact Naomi Darby on 0428236480
for more details or to obtain Vendor Statement, Information Memorandum and EOI form.

Outgoings:
Water rates - $87 per quarter
Council rates - $6,403 per annum