coolkoala Real Estate excited to present a rare opportunity to acquire a Township site in the heart of Melbourne's high-growth corridor in Wallan. Key Features: Prime 1034 sqm site in booming northern corridor Mixed-use development options including residential and commercial. Options include adding a second dwelling, demolishing the current house to build three townhouses, or developing a medical centre, offices, retail space, warehouse, NDIS and more (STCA). Strategic location just opposite Wallan Train Station Township Zone (TZ) zoning under City of Mitchell, offering flexibility Strong demand with 21.9% undersupply of childcare centres in the catchment area Location: 63 Station Street, Wallan 3756 VIC 2km east of Wallan CBD 45km north of Melbourne CBD Immediate proximity to Hume Freeway and Wallan Business Park precinct Growth Potential: Current Main Trade Area (MTA) population of 17,020, projected to grow to 50,200 by 2041 (5.9% per annum) MTA retail spend expected to increase from $256.4 million to $1.2 billion by 2041 (8.5% annual growth) Surrounded by major residential developments including Frasers Wallara Waters' estate, Newbridge, and Wallan East PSP Investment Opportunity: Don't miss this chance to invest in the future of Wallan. Rental $420 a week approx. Please note: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.
