8-116 Grassdale Road, Sale VIC 3850

This prime parcel of real estate has entered the marketplace for sale for the first time in over 150 years. Set on the North-Western edge of the Sale growth corridor and comprising two titles with a total land area of 137.26 Hectares (339 Acres).
Lot 2 (47 Hectares) is strategically placed to be the next high quality land development and it has all the markings of a future boutique Residential Estate. Recent subdivisions within the area have been overwhelmed with popularity and produced high end retail pricing from the market arena, given the fact of a short supply available.
This ideally located property is currently zoned Farming but adjoins existing GRZ1 land and is next in line for rezoning under the Wellington Shires strategic North Sale development plan. Offering 47 hectares of land with expansive frontage to both the Sale Maffra Road and Grassdale Lane and as per the North Sale plan provide an end result in the region of circa 500 residential allotments plus the impressive Homestead allotment.
The property is set close to the other recent residential developments of Woondella, Glebe Estate, Glenhaven, and Drayton Park providing that key infrastructure is close at hand.
The other key feature is the Historic “Grassdale Homestead” set in Western corner of the property. The Homestead dates back to Circa 1863 and will provide the astute developer the opportunity to either utilise the residence itself or create an iconic property to market within the development.
For More information head to 8 Grassdale Road, Sale.

Lots 1,4 & 5 (90.26 Hectares) which represents a wonderful opportunity for the astute land holder to secure this amazing grazing property on the Northern edge of Sale.
The land boasts a substantial tree lined frontages to Grassdale Lane and Myrtlebank Road and comes with a total water right of 497.5 megalitres of which 335.5 is high reliability and 162 of low reliability.
The property has been meticulously set up for year ground grazing, with superb irrigation infrastructure in place from the four wheels giving almost 100% coverage of the property. A full laneway allows for structured grazing of the property and easy movement of stock at all times of the year.
A three-bedroom weatherboard home sits attractively on the entrance from Grassdale Lane and with a touch of TLC would make a lovely family home, add to this freestanding bungalow, garage, workshop and large machinery shed. Also on this section of the farm is the original dairy shed plus the 28-stand rotary dairy that was built in 1975 and could be reinvigorated if needed for the new owner.
There is a functional bore on the property which is a handy addition to the substantial water supply already on offer.
For more information head to 116 Grassdale Road, Sale.

EOI's can be submitted on
A. Lot 2, 1 ,4 & 5 Grassdale Road, Sale: Combined: 137.26 Hectares
B. Lot 2 Grassdale Road, Sale : 47 Hectare development site with Grassdale Homestead
C. Lots 1,4 & 5 Grassdale Road, Sale: 90.26 Hectare grazing property with home, dairy and 497.5 ML water right.

Expression of Interest Closing: Friday 15th March @ 12 Noon

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist, or call us on (03) 5144 4333