86 Princetown Road Simpson VIC 3266

Our motivated vendor says SELL!

A great opportunity ideally positioned in the heart of the Heytesbury settlement, home to some of Victoria's most renowned rich agricultural farming land enterprises and supporting industries also within easy reach of the popular tourism townships of Port Campbell and Timboon. The Great Ocean road 12 Apostles international tourist mecca is an easy 20 minutes south, currently attracting major development and investment.

Recently rezoned from Farm Zone (FZ) to Neighbourhood Residential Zone (NZR) supported by the Corangamite shire to generate developable land to assist with the growing need for housing in the shire, creating an excellent opportunity to purchase this the parcel with a view to fully developing the site for residential housing.

Planning permit PP22023/137 has been issue by the Corangamite Shire Council for a multi stage sub division with access to the Princetown road. This includes plans showing up to 84 residential lots varying from 500m2 to almost 1200m2 spread across 5 stages. External authorities have been consulted during the rezoning and planning permit application process and are aware of the development and have consented to the sub division and included conditions within the permit.

Key Points:
• Area zoned NZR available for development 11.3 Ha (approx.)
• Planning permit submitted for 84 lots:
• 15 lots 400 - 600m2
• 24 lots 601 - 850m2
• 4 lots 851m2 +
• 1 possible future integrated development (STCA) super lot (16,801m2)
• Unmade road reserve along the north side of the site
• Land rezoned from FZ to NZR prior 30th June 2023 - therefore not subject to Windfall Gains Tax

Further details and sale documents are available by contacting the exclusive selling agent, Gerard Delaney.