Officer

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Development Opportunity

Spectrum Real Estate are pleased to present for sale 450 Princes Highway, Officer.

17 Townhouses
6 Warehouses
Land size : 9089m2 (approx)
Asking price : $3,500,000
Settlement: August 2022
9,089 sqm* Landholding
Mixed-Use Outcomes

Proposed and lodged (STCA)
17 Double Storey Townhouses and 6 Commercial Warehouses.

- Prime 9,089 sqm* mixed-use landholding with flexibility for residential subdivision, townhouse and commercial warehouse development (STCA)

- Close to the property include the Development Victoria owned Officer Town Centre

- Nearby proposed Precinct structure plan (PSP)

- Officer Train Station and surrounded by three (3) existing schools, retail and sporting reserves

- The Officer precinct has one of the fastest growing populations in Victoria, increasing 22% p.a.[1] between 2016-2019 with forecast growth of 88% between 2021 and 2026

- Strong house price growth of 8.37%[2] over the past year, highlighting demand for new homes, land or retail services

*Approximately

For Sale

Land Size: 9089m2

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