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66-68 Railway Avenue, Garfield, VIC, 3814

Properties / Buy / Victoria / Garfield

Development Potential

1. Property Summary

Property Type

Residential, Child/Healthcare

Sub Type

Townhouse Sites, Aged Care, Child Care

Land Area

6,493 m² (*approx)

Selling Method

Private Sale: Contact Agent

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2. Property Highlights

Position is The Prize

6,493m² of land, comprising 4 titles
Dual Road frontages in the heart of town
Blue chip development opportunity

Comprising of 4 titles, with May Court frontage and located right in the heart of Garfield, this 6,493m2 (approx.) of land, Zoned: General Residential Zone – Schedule 1, comprising four (4) Titles is a rare offering indeed. This is a blue-chip opportunity to develop a highly desirable enclave within the main township area of Garfield.

The site, with dual road frontages (Railway Avenue and May Court) and all services available, would be suitable for use as a boutique residential development, childcare centre, over 55’s or aged care facility to name but a few (STCA).

Garfield has been a destination town for many years, providing an enviable rural lifestyle for its residents, whilst allowing easy access by road and rail to the south-east growth corridor, the fastest developing residential, business and employment corridors in Australia.

Significant improvements to the property can provide the new owners with a lucrative income stream whilst considering options to develop the site to its highest and best use, including a brick veneer residence of three bedrooms, two bathrooms, two living areas, two car garage/workshop under roofline plus factory sized shedding and substantial ancillary shedding.

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Development Potential