The interest in rural land has never been greater following on the heels of excellent primary product prices. The investment or 'land bank' value of city fringe lands has seen keen interest from astute buyers and the 135 acre (54.7 ha) property now tendered for sale on the southern fringe of Wangaratta City ticks all the boxes, providing both grazing value and further redevelopment potential. In five titles, the well improved property has multiple road frontages providing access from Laceby Road, Bodsworth Lane and Pyles Lane via Greta Road. Most importantly the property lies within the Wangaratta Planning Schemes Southern Strategy Investigation Area which proposes a rezoning of the land to Rural Living / Low Density Residential.
Morris Bros are offering the long held local family property for sale by tender. Documents are available from the office for tender closing Friday the 2nd of October at 4:00pm.