FOR SALE
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69 Park Street
Lancefield VIC 3435

Bedrooms: -
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Land area: 4.53ha
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Major Development Opportunity (4.53HA)

A significant development opportunity exists on the fringe of Lancefield. Only moments’ walk to the Lancefield Primary School and short stroll to the village centre, this subdivision opportunity is a chance to leave a legacy for the future. A total of 18 (approx. 2,000m2) blocks with current approval from MRSC to proceed with the next stage of subdivision. All the heavy lifting has been done. The land now awaits an investor to carry through the completion and reap the rewards.
A total of 4.53 ha (11.19 acres) subdivided into 19 blocks, all with views to the surrounding ranges. Lancefield is a burgeoning township only 40 minutes to the Airport and 60 minutes to Melbourne CBD. A country lifestyle is the flavour for those looking for a safe and serene environment to bring up their families or settle into retirement. For reference, other comparative blocks in Lancefield are currently for sale for approximately $450k - $580k for 1,100m2 making the 69 Park Street development a very lucrative proposition.
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Property Details for 69 Park St, Lancefield

Building Type
Land
Land Size
4.53ha

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About Lancefield 3435

The size of Lancefield is approximately 126.2 square kilometres. It has 3 parks covering nearly 13.5% of total area. The population of Lancefield in 2011 was 2,356 people. By 2016 the population was 2,440 showing a population growth of 3.6% in the area during that time. The predominant age group in Lancefield is 40-49 years. Households in Lancefield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lancefield work in a trades occupation. In 2011, 84.6% of the homes in Lancefield were owner-occupied compared with 83.2% in 2016.

Lancefield has 1,521 properties.

    There are currently 30 properties listed for sale, and no properties listed for rent in Lancefield on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Lancefield.

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    Lisa Fowler
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    Mount Macedon Realty
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