52-56 Waverley Avenue, Merrigum.

A substantial 15.02-hectare landholding positioned within the Merrigum township, offering an exciting residential development opportunity. The property is strategically located within the Goulburn Valley Region, with convenient access to Kyabram and Shepparton and their extensive range of retail, health, employment and community services. Key Property Highlights- • Planning Permit: Approved planning permit Ref. 2022-300 for a multi-lot residential subdivision within the Township Zone, including access to Transport Zone 2. • Proposed Number of Lots: 115 residential lots • Average Lot Size: Approximately 810 m² • Development Commencement Requirement: Development is required to commence by 26 September 2027, subject to the conditions of the planning permit. • Development Completion Requirement: Development is required to be completed by 26 September 2029, subject to the conditions of the planning permit. • Permit Expiry: 26 September 2027, subject to the terms and conditions of the planning permit. • Planning Permit Approval Date: 28 August 2023 • Zoning: Township Zone (TZ) • Land Area: 15.02 hectares of substantial township land • Local Government: Greater Shepparton City Council • Region: Goulburn Valley Region, Northern Victoria • Planning Scheme: Greater Shepparton Planning Scheme • Zoning Conformity: The subject property appears to conform with its current zoning. • Development Approval: The approved planning permit provides an established pathway for future multi-lot residential development within the Merrigum township. • Strategic Location: The property is strategically located within the Merrigum township, providing an established residential development opportunity. • Location Benefits: Merrigum benefits from its proximity to the larger regional centres of Kyabram and Shepparton, providing access to higher-order retail, health, employment and other supporting services. • Development Potential: The substantial landholding, Township Zone designation and approved planning permit provide an established basis for future residential subdivision and development.