Cornwall Park, 2389-2485 Diggers-Rest Coimadai Road,
Toolern Vale, VIC 3337
Commercial Farming & Rural • Development Sites & Land
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Map of Cornwall Park, 2389-2485 Diggers-Rest Coimadai Road
A Substantial Land Banking Opportunity
FOR SALE BY EXPRESSION OF INTEREST CLOSING WEDNESDAY 30 NOVEMBER 2016 AT 4PM (AEDT)
This exceptional site of 278.6Ha* is situated on the edge of the Urban Growth Boundary, a position poised to provide outstanding gains going forward.
In an area formerly renowned for the success of its contribution to the thoroughbred industry, Cornwall Park retains significant original stud infrastructure including five residences, an office building, 90 horse boxes, 8 stallion boxes, serving barn, round yards and machinery sheds.
Currently leased on a month-to-month basis for agistment purposes at a rate that covers all present day costs, providing flexibility whilst exploring subdivision potential to maximise the real return with this substantial and ideally located parcel of land.
Looking ahead, the scope for sub-division suggests outstanding potential for meeting the demands of residential growth - and delivering landmark returns.
Proximity to Melton (8.5 lineal km*) and Diggers Rest (16.7 lineal km*) townships, community services, public transport routes and Calder Freeway access complements the credentials of Cornwall Park as a holding that offers highly attractive appeal today and spectacular promise tomorrow.
*approximately
This exceptional site of 278.6Ha* is situated on the edge of the Urban Growth Boundary, a position poised to provide outstanding gains going forward.
In an area formerly renowned for the success of its contribution to the thoroughbred industry, Cornwall Park retains significant original stud infrastructure including five residences, an office building, 90 horse boxes, 8 stallion boxes, serving barn, round yards and machinery sheds.
Currently leased on a month-to-month basis for agistment purposes at a rate that covers all present day costs, providing flexibility whilst exploring subdivision potential to maximise the real return with this substantial and ideally located parcel of land.
Looking ahead, the scope for sub-division suggests outstanding potential for meeting the demands of residential growth - and delivering landmark returns.
Proximity to Melton (8.5 lineal km*) and Diggers Rest (16.7 lineal km*) townships, community services, public transport routes and Calder Freeway access complements the credentials of Cornwall Park as a holding that offers highly attractive appeal today and spectacular promise tomorrow.
*approximately
Property ID: 502164886Last Updated: 21 Sep 2017
04173073...
Cornwall Park, 2389-2485 Diggers-Rest Coimadai Road
Toolern Vale, VIC 3337
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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