Gateway to the East - Prime Subdivision Land
A Section 32 and Tender documents are available from the Agents on request, please email reception@kevinhicksrealesate.com.au to receive the relevant documents. ...
A Section 32 and Tender documents are available from the Agents on request, please email reception@kevinhicksrealesate.com.au to receive the relevant documents.
12.8 HA - 31.5 Acres approx.
Kevin Hicks Real Estate are privileged to offer for sale by Tender, this prime subdivision land (STCA) at 583 Archer Rd, Kialla, closing November 30th 2020 at 4pm.
This property is clearly the key to the door to access the obvious future growth to the highly sort after Kialla East precinct. The future road access is designed to continue east of Sanctuary Drive with roundabout already in place on Archer Road to manage the traffic flow to continue east and exit onto Doyle's Road as well as service the residential developer.
This property has excellent frontage to Archer Road (242 metres approx.), the topography is generally flat, with survey levels and soil type favorable for residential development (STCA).
This property is adjoining neighbouring land on the north and south boundaries with owners both willing to sell to developers to further enhance the opportunity. Please take note, the north boundary 20 Hoopers Road, adjoining this land, is officially for sale with Kevin Hicks Real Estate. This property has a 263metre frontage to Hoopers Road providing developers ideal access to a second entry point to the estate.
Kevin Hicks Real Estate has been authorised to sell separate parcels of future development sites that are complimentary to each other for the large-scale developer to create something special for future residential use within the very popular south-east growth zone of Shepparton (Kialla).
For many years, this area has been well held by current Vendors and utilized for rural living purposes. Planning has now given firm future direction for this precinct to be redeveloped to Residential 1 Zoning to cater for the continued high demand for residential living in the Greater Shepparton area.
Council has allocated funding in 2020/2021 to commence planning and investigation works for the land. These works are required to be undertaken before a Precinct Structure Plan (PSP) and Development Contributions Plan (DCP) can be prepared for the land. The PSP will guide the future development of all land, the DSP will identify and cost the quantum of infrastructure required to support the future development of the land. A planning scheme amendment will then be prepared to implement the PSP and DCP before the land can be developed for residential purposes.
Council officers are currently in the process of engaging consultants to prepare a Traffic Impact Assessment Report (TIAR) and an Integrated Water Management Plan (IWMP) to provide information on appropriate densities for future residential development, identify all appropriate regional infrastructure required to support residential development and outline the cost of this infrastructure.
Taken from Greater Shepparton's website. https://greatershepparton.com.au/assets/ files/documents/planning/shepp-mooroopna-2050/Shepparton_Mooroopna_2050_-_ Final.PDF
The current population of the City of Greater Shepparton is 66,010 and it is anticipated to grow at an average annual growth rate of 0.9% out to 2036, for a projected population. Land and housing affordability are one key driver of population growth in Shepparton and Mooroopna. Other key drivers include:
- Access to quality education including a range of public and private primary and secondary schools and tertiary education facilities.
- Several regional facilities including health and legal services and government offices and services.
- A thriving agricultural industry with a range of supporting businesses and services.
- A supportive and welcoming location for migrant settlement.
The Greater Shepparton region continues to grow at unprecedented rates with exciting new project developments including Tourism (SAM), Health (GV Health) and Education (Greater Shepparton Secondary College) plus the ongoing migration of investors for Agriculture/Horticulture developments.
The civil works movement has also created a wave of residential enquiry and the south of Shepparton has been in demand and a preference for many buyers wanting to build.
This development opportunity as a whole or in separate lots will be well received. The scale of opportunity has never been offered before for land of this calibre and scope in the ever popular south or east of Shepparton. The consolidation of the lots available provide developers the opportunity to create a residential estate of significance.
Taken from Greater Shepparton website. https://greatershepparton.com.au/bpi/planning/strategic-planning/current-strategic-projects/kialla-north-growth-corridor
STCA - Subject to Council Approval
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