2324 Birregurra-Forrest Road

Forrest VIC 3236

It is not often a property comes on the market that offers buyers a genuine variety of strategic investment possibilities. This beautiful 12 acre property on the northern entry to the Forrest township has been earmarked by the Colac Otway government for future residential development. This opens a wide range of possibilities for buyers: a Developers - develop now into 20 large residential allotments via a rezoning/permit application STCA with access to all the background studies that have been completed for the site. a Semi-Retirees - strategically locate your retirement home and enjoy profits for subdividing the balance of the lot for a short, medium or long term income. a Lifestyles - build a home and enjoy the bliss that Forrest has to offer for as long as you like knowing the property will increase in value over time as a development site. Over the past 10 years, Forrest has transformed itself from a timber production town to a world renowned destination for mountain bike riding and nature based adventure touring. It is now a must visit destination for Great Ocean Road hinterland visitors which has been backed by significant investment in accommodation, food and beverage options including the recently developed and ever-popular Forrest Brewery. With very limited expansion options available in the township, this lot offers endless possibilities. Call us today to get your investment dream started.