Lifestyle and Acreage proudly presents an unparalleled investment opportunity tailored specifically for land bankers and savvy developers at 940 and 960 Yannathan Road, Nyora. This prime landholding spans an impressive 40 acres, showcasing substantial subdivision potential (S.T.C.A) into one-acre lotsa highly sought-after configuration in a region experiencing rapid growth and development. This is not just an opportunity; its a chance to secure a prime asset in one of Victorias most promising real estate markets.
Main Property (38 Acres at 940 Yannathan Road)
The centerpiece of this property is a modern home, approximately 18 years old, offering 4 spacious bedrooms designed for family living or potential rental opportunities. This residence features:
A luxurious main bedroom with a private ensuite, ensuring comfort and tranquility.
A dedicated office space, perfectly suited for remote work, reflecting the growing demand for home office environments.
Expansive open-plan kitchen and living areas, ideal for entertaining guests and creating lasting family memories.
A separate formal lounge, providing additional space for gatherings or quiet relaxation.
Key improvements to this property include:
A double carport for convenient access and ample parking for multiple vehicles.
Large, well-constructed sheds equipped with power, ideal for agricultural or commercial use, enhancing the property's utility and appeal.
An additional bungalow, offering versatile accommodation options for guests or potential rental income, maximizing your investment returns.
Horse yards and quality fencing that bolster the propertys agricultural appeal, suitable for livestock or equestrian activities.
Well-maintained paddocks equipped with troughs, ensuring optimal conditions for grazing and farming endeavors, making this a developers dream.
Second Property (2 Acres at 960 Yannathan Road)
The second property is a well-appointed 3-bedroom home complemented by assorted shedding, providing additional storage and functional space. Currently tenanted, this property offers immediate income potential and the flexibility for new owners regarding use, making it a wise choice for savvy investors.
Total Land Area
The combined 40 acres presents a versatile and expansive canvas for development. Currently zoned for Farming, there are promising plans for future residential rezoning that could significantly enhance property value. The ability to subdivide into one-acre lots (S.T.C.A) makes this property a lucrative prospect for land bankers and developers looking to capitalize on the increasing demand for housing in this rapidly expanding region. This flexibility opens the door to various development strategies, including the creation of a vibrant residential community catering to diverse buyer needs.
Lifestyle and Scenic Location
Beyond its exceptional investment potential, this property offers a unique lifestyle opportunity. Enjoy the tranquility of rural living while being conveniently close to urban amenities. Nestled in one of Gippsland's most picturesque locales, residents can savor stunning views of the coastline, French Island, and Phillip Island, creating a serene backdrop that enhances daily living.
Strategically located near Nyora, just under an hours drive from Melbournes outer eastern suburbs, this area is rapidly becoming a desirable destination for families, professionals, and retirees alike. The properties are only 11 kilometers from the nearest beach, adding to their appeal for future residents seeking a coastal lifestyle rich in recreational activities such as swimming, fishing, and leisurely beach strolls.
Lifestyle and Acreage cordially invites discerning land bankers and developers to seize this remarkable opportunity at 940 and 960 Yannathan Road, Nyora. This significant landholding not only promises immediate enjoyment through its modern dwellings and expansive acreage but also serves as a strategic investment for the future. With robust subdivision potential, a desirable location, and increasing demand for residential properties, these parcels are poised to become invaluable assets in the burgeoning Gippsland region.
This is a rare opportunity to secure a transformative development project that perfectly aligns with your investment goals. Dont let this chance pass you byact now to capitalize on this extraordinary opportunity and make your mark in one of Victoria's most promising real estate markets. Your future awaits; take the leap today!
Disclaimer:
Lifestyle & Acreage Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
The size of Nyora is approximately 79.7 square kilometres. It has 3 parks. The population of Nyora in 2011 was 1,332 people. By 2016 the population was 1,508 showing a population growth of 13.2% in the area during that time. The predominant age group in Nyora is 40-49 years. Households in Nyora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nyora work in a trades occupation. In 2011, 86.2% of the homes in Nyora were owner-occupied compared with 85.4% in 2016.
Nyora has 800 properties. Over the last 5 years, Houses in Nyora have seen a 99.27% increase in median value, while Units have seen a 105.00% increase. As at 31 October 2024:
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