2170 Princes Highway NAR NAR GOON VIC 3812
$11,500,000

DESCRIPTION

Presenting a rare opportunity, this magnificent 164-acre (66.52 hectares) parcel of land is offered for sale for the first time, having been cherished by the same family for over five decades. Boasting dual road frontages with convenient access from the Princes Highway, this expansive property is connected to mains water, making it an ideal canvas for various endeavours. With its appealing northern orientation, the land gently slopes from the home, offering breathtaking views.

Currently utilized as grazing land, the property features exceptional fencing, laneway access for cattle, a dam, and sundry shedding, making it well-equipped for agricultural purposes. As the bustling townships of Pakenham and Officer continue to expand at a rapid pace, coupled with the construction of new homes in Nar Nar Goon, this property emerges as a prime opportunity for astute investors interested in land banking. With the inevitable progression of neighbouring townships, this land holds immense potential for future development and growth (STCA).

Additionally, a charming three bedroom brick home, albeit in need of some tender loving care (TLC), stands as a testament to the property's rich history and can also provide a steady income stream as the area evolves.

Don't miss the chance to secure your stake in this land of opportunity.

Please note: All property details listed were current at the time of publishing. Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours. Therefore confirmation of all opens with the listing agent within 24 hours of their scheduled opening is advised