1 Lawrence Street MYRTLEFORD VIC
CROWN LAND RELEASE R1Z
Ray White Myrtleford, on behalf of the Department of Treasury and Finance, is pleased to offer to the market this outstanding parcel of Crown land located in the heart of the township. The land has been vacant while soil remediation works have been undertaken to meet Environmental Protection Authority standards. The property is now deemed suitable for development as permitted within the Residential 1 and Business 1 zonings. Obviously, any subdivision or development plans will require Alpine Shire approval.
Crown Allotment 2003, comprising 3082 m2, is zoned Residential 1 with access via Lawrence St. The land has been vacant while soil remediation works have been undertaken to meet Environmental Protection Authority standards. The property is now deemed suitable for development as permitted within the Residential 1 and Obviously, any subdivision or development plans will require Alpine Shire approval.
It is important for interested parties to note that, as a Crown land release, there is no Stamp Duty payable on this land transaction. However, it will attract a GST.
The release of this land certainly represents a significant economic opportunity and the chance to capitalize on growing demand for retirement and low maintenance housing in this outstanding central location.
For further information on the township of Myrtleford, visit www.lovethelife.com.au
Property Type
Land
