$2,100,000 - $2,250,000
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490 Bullumwaal Road, Wy Yung VIC 3875

Land
Block size: 14 m² approx.

Expression of Interest - A Development Dream

Discover an incredible opportunity to invest in a sprawling property spanning approximately 14.67 hectares, with views for miles and potential galore! This expansive property offers a multitude of possibilities and is tailor-made for those seeking a lucrative subdivision project in the heart of East Gippsland's thriving real estate market.

Property Details:

Land Size: 14.67 hectares (approximately)
Zoning: Low Density Residential Zone
Services: Water, power, and telephone connections available
Location: Less than 10 minutes from the vibrant CBD of Bairnsdale
Terms: Flexible terms are available

Key Features:

Subdivision Potential: With ample space and the desirable low-density zoning, this property is a developer's dream. Explore the potential to create a harmonious rural lifestyle community that caters to the growing demand for housing in the area. Proposed plans are available for a 28 allotment subdivision.

Convenient Location: Situated less than 10 minutes from the bustling CBD of Bairnsdale, residents will enjoy easy access to shopping, dining, and all the amenities the city has to offer.

Proximity to Essentials: Within a short five-minute drive, you'll find the Eastwood Village Shopping Centre, providing convenience at your doorstep. Additionally, Lucknow Primary School, child care centres, medical and dental facilities are just a stone's throw away, making this location perfect for families.

Investor's Paradise: Bairnsdale is a hotbed for real estate investment, with a strong rental market and consistent growth. This land is your ticket to capitalizing on the region's prosperity.

If you're an astute investor or developer looking for the ideal canvas to create a sought-after rural subdivision this property is a must-see. The combination of size, zoning, and location makes this an opportunity you won't want to miss.

Contact us today to arrange a viewing and unlock the potential of this remarkable landholding. Your vision for a thriving residential development starts here!

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Inspections

No open inspections scheduled.

Send an enquiry

Contact Sean Sabell to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Land
Block Size:
14 *

Other Details

OBrien Real Estate Bairnsdale

Maps and area information

Block information
Block size: 14 (approx)
Block Map
No block information available
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

We couldn't find any history for this property.
See Wy Yung's suburb profile

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Wy Yung suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
48 years
Population
1,940
Listing ID: 181998933. This listing has been viewed 1 time. It was first displayed on 12/10/2023 and last updated on 13/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.