Excellent Land Bank Opportunity – 37.46Ha (92 acres)
Current Zoning RLZ1 (Rural Living Zone One)
An outstanding land banking opportunity for future residential development being adjacent to existing housing and located within the Macedon Ranges Shire town expansion investigation area for future growth. With an approx. 800-metre Five Mile Creek frontage, wonderful views to Mount Macedon and a pleasant walk into town via the Five Mile Creek Walking Track, this incredible investment opportunity should not be overlooked.
With its easy access to Melbourne’s CBD Woodend has always been a desirable location for those commuting to Melbourne and since the pandemic the demand for properties has far exceeded the supply.
‘Shirley Park’ was once a renowned thoroughbred stud consisting of 37.46ha (92 acres) of flat to undulating land and features 4 cottages – managers residence and three renovated cottages, and an inground swimming pool. Offsetting holding costs can be derived through a B & B venture which is currently being achieved. The property has town water, bore and extensive structural improvements including 2 stable complexes including a total of 23 boxes, feed room, tack room, office, brick vet room, enclosed sand roll/lunging ring, large hayshed and machinery shed.
Recent beautification works have been undertaken to improve the property which include the addition of a large dam, the installation of solar entrance gates, new garden beds at entrance, planting of trees along main road frontage and removal of old Cypress trees along the creek boundary.
With rewarding possibilities and in a position that speaks volumes close to shops, cafes, schools v/line and a very easy commute to Melbourne ‘Shirley Park’ offers potential purchasers an opportunity to invest in Woodend’s future growth.