Universal Real Estate Vic North proudly presents this Development Opportunity in Nyora Located in one of South Gippsland's most sought-after suburbs, this 5.5 acres are zoned as 'General Residential 1 - Schedule 1' under the South Gippsland Shire Council's Nyora Structure Plan and offers developers with a rare opportunity to secure such an excellent piece of land, ripe and ready for redevelopment.

Key Features:
• Potential for 32-40 lots (Subject to council Approval)
• 3-bedroom neat and comfortable home with well-established fences and paddocks.
• A potential rental yield of $22,000 Per year

A steady increase in median property prices over a three-year period has given property investors a potential property growth of 102%.
Ideally located 20 minutes from Korumburra, 40 minutes to the beautiful beaches of Inverloch and Wonthaggi and under 1hr 45mins to Melbourne's CBD.

-Don't miss out! Call: Achal Arora: 0432 413 929

DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. The given are for general information only and do not constitute any representation on the part of the vendor or agent