309-311 Princes Way,
Drouin, VIC 3818
$825,000 excluding GST
Key property information
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Map of 309-311 Princes Way
Train stations within 5 km of 309-311 Princes Way, Drouin, VIC 3818 Distance Drouin Station 2.2 kmPOWERED BY HERE © Bus stops within 5 km of 309-311 Princes Way, Drouin, VIC 3818 Distance Roberts Ct/Princes Way (Drouin) 124 m Waddell Rd/Princes Way (Drouin) 222 m McNeilly Rd/Princes Way (Drouin) 652 m McDonald St/Princes Way (Drouin) 918 m Richie Ct/Church St (Drouin) 1.3 kmPOWERED BY HERE ©
Development site - 2 adjoining properties in prime location. 1464m2!!!
- Main arterial site - high exposure.
- Major Growth Corridor.
- Underserviced retail market.
- Currently Zoned General Residential 1
- 309 Princes Way - 720m2 GRZ1
- 311 Princes Way - 744m2 GRZ1
- A total of 1464m2 (approx.) on 2 separate titles.
- Adjacent to a major Petrol Service Station development (starting soon) and an established local engineering firm.
- Opposite to a planned Medical Centre and accompanying retail shops, local hardware store and other major National retailers.
Prime opportunity for either a residential development, or given the close proximity of commercial development (either side of site), enormous upside for a commercial development after obtaining necessary planning approvals (STCA). Both sites have existing residences and are suitable for rental until such time as a redevelopment project commences.
Drouin is a rapidly growing population centre slated for dramatic population increase as part of the Government's Urban Growth Strategy. Commercial opportunities of this nature are relatively rare and a range of major retail channels are absent from the market currently.
This site is generating enormous interest and is expected to sell quickly. Interested parties should contact us promptly for further details.
Property ID: 503581002Last Updated: 4 Aug 2020