Land for sale
236-262 Paynes Road,
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Great Land Opportunity Approx. 61 Acres in Approved PSPGreat Land Opportunity of Approx. 61 Acres
Just 30 minutes from Melbourne CBD.
Suitable for around 400 residential lots.
In close proximity to the upcoming Thornhill Train station.
It is located in a strong performing housing corridor.
It is within very close proximity of the new Thornhill Park Estate.
Paynes road PSP;
Paynes Road Precinct Structure Plan (the PSP') has been prepared by the Metropolitan Planning Authority (MPA) in consultation with Melton City Council and with the assistance of Government agencies, service authorities and major stakeholders.
The PSP applies to approximately 199 hectares of land located approximately 30 kms from Melbourne CBD. The plan is an amendment to the incorporate Toolern Precinct Structure Plan, and formally referred to as PSP 31.2 Toolern Precinct Structure Plan, Part C. The PSP changes the future land use to residential from the employment-based zoning applied under the Toolern PSP, a revised land use outcome established by the West Growth Corridor Plan. Residential development in PSP will provide a superior interface with Western Freeway & increase accessibility to rail network. The west Growth Corridor Plan established large areas of future employment land in Mt Atkinson and Tarneit. The precinct is bounded by western Highway to north, Paynes Road to east, Mount Cottrell Road to west and the Melbourne-Ballarat Corridor to south. It is within Melbourne's West Growth Corridor.
One of the great opportunities to invest in land banking in the vicinity of established townships.
Vendors will consider reasonable offers!
For further details,
Contact Manpreet Dandiwal on 0433 413 927
Due Diligence Checklist
Last updated: 02:23PM on Sep 2nd 2016