A unique opportunity to secure one of the largest parcels of undeveloped land in the south-eastern growth corridor. The site lies within the south-eastern Green Wedge corridor. Located adjacent to the existing Urban Growth Boundary, with a total site area of approximately 27 hectares.
ABOUT KEYSBOROUGH:
Keysborough is a maturely established residential location, with its immediate surrounds featuring some of Melbournes most beautiful open areas and successful residential estates. The area is well known for its first-class estates, with golf clubs, shopping centers, and easy access to all the attractions that the south-east has to offer. It is surrounded by well-established infrastructure that facilitates easy road travel in all directions including the Melbourne CBD, the Mornington Peninsula, and beyond. It is predominantly home to older and established families who enjoy larger homes with bigger blocks of land. Keysborough attracts a number of demographics with its spacious, green setting as well as proximity to Melbourne CBD and other suburban areas.
Keysborough features luxurious established estates as well as new developments that are currently under construction. The median sales price for houses in Keysborough in the last year was $760,500 from Property Data. Compared to the same period five years ago, the median house sales price for houses increased 73.3% which equates to a compound annual growth rate of 13%.
ITE AREA
27ha approx.
ZONING
Green Wedge A Zone (GWZ)
KEY FEATURES
Close to Water Ways Lake Development.
An outstanding development opportunity now or in the future
Can be subdivided into 4 lots with 6 HA/lot (STCA)
Easy access to the Melbourne CBD
Close to all amenities
Currently under the rezoning process