3337 South Gippsland Highway
Foster North


$175,000

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Property Features


Property ID: 3293844

Land Size
6.53 hectares

OPPORTUNITY ONLY KNOCKS ONCE - GREAT VENDOR TERMS


Very well sheltered and with unbelievable views of Corner Inlet, this unique parcel of land of approx. 6.53 hectares, zoned RAZ-(Rural Activity Zone) is an excellent opportunity just waiting for purchasers to unleash it's potential. Rural Activity zoning means that if you want to develop the property and you want a residence on that property, providing the tourism aspect of the development is significant, a permit is most likely (STCA). A dwelling will only be permissible on this land with a tourism development of, for example, a dwelling, restaurant, cabins, coffee shop or tea-rooms with an orchard, B & B etc. On the other hand, if you were a farmer looking for a nice turn-out block with a development opportunity, this is another alternative. The generous Vendor Terms available enable a purchaser to secure the property for $184,000, pay a deposit of just $50,000 then 'interest only' quarterly payments of just 5% for two years. This will give plenty of time for lucky purchasers to make arrangements and to carefully plan their dreams. Benefits of this block are highway frontage, views, dam, two blackwood timber lots, electricity running past the property and a reliable rainfall. Located in an established tourism area, this property is just 30 minutes from Waratah Bay and Sandy Point, 45 minutes to Wilsons Promontory. Opportunities such as this do not present themselves very often. We are fortunate to have Vendors who are prepared to let somebody further their real estate dreams on these generous terms. Call now for further information.