House for sale
2020 Princes Highway,
Nar Nar Goon, VIC
7 3 8
A Golden OpportunityA rare opportunity to secure 25.22 acres (approx), boasting prime highway exposure and a great central location being 3.5km to the new Pakenham Racetrack, 9km to Pakenham and less then 1km to Nar Nar Goon township. The property is currently zoned (GWZ), with massive opportunity for redevelopment for Developer, Investor or Astute Buyer. Nar Nar Goon could very well be the next Pakenham. Buy today to secure your future, you don't want to look back in 20 years from today and say; if only I bought that place. The South East is growing at a rapid rate spreading out into the newly zoned urban growth areas.
The urban growth boundary has been revised to meet the demand of housing needed for our growing population and it is only a matter of time before 2020 Princes Highway will be re-zoned and developed.
The property currently has two comfortable three bedroom houses, a self contained bungalow, various sheds, a dam and 5 horse boxes.
Nar Nar Goon Train Station, St James Primary Catholic School & Nar Nar Goon Primary School are all within walking distance. The property is 45 minutes to the Melbourne CBD, only 5 minutes to the new Pakenham horse racing track at Tynong, 20 minutes to Monash University and only 5 minutes to premier shopping hubs and quality Colleges and Schools.
One of Nar Nar Goons township strategy scenario involves increasing the town's footprint and the population by a 10 fold increase. Just imagine the value that this could add to 2020 Princes Highway, being less than 1km from the centre of town.
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Last updated: 10:20AM on Jul 13th 2017