Landmark 15,866sqm* ‘Island Site’ Ripe for Development | First Time Offered In Nearly 100 Years

2-24 Mason Street , Shepparton VIC

Property Highlights

Significant 259m* Dual Street Frontage
Rare 'land locked' Residential Location
Only 1km from Shepparton CBD

Description

Burgess Rawson in conjunction with Gagliardi Scott are delighted to present to market 2-24 Mason Street, Shepparton VIC for sale via Expressions of Interest closing Wednesday 10 April at 4pm (AEST).

This rare opportunity has the following key highlights:

+ Irreplaceable 15,866sqm* development opportunity STCA with a significant dual 259m* street frontage, bordering parkland, opposite Stuart Reserve and the Goulburn River.
+ Favourable Residential Growth Zoning allowing for high density residential estate or potential for ‘mixed use’ opportunities incorporating medical, childcare, accommodation and retail uses (STCA).
+ Located within an established and ‘land locked’ residential precinct, only 500 metres* from Goulburn Valley Highway (Wyndham Street) and 1 kilometre* from Shepparton CBD.
+ Within 3km* of important educational infrastructure including Melbourne University and Latrobe University and 9 primary and high schools servicing over 3,500 students.**
+ Recent Investment in Greater Shepparton include the Goulburn Valley Highway Shepparton Bybass ($1.3bn) and Shepparton Passenger Rail Upgrade ($53.5M).***
+ The Shepparton South East Precinct Structure Plan: Providing up to 2,500 homes to accommodate a population of more than 6,000 homes.****
+ Shepparton: major regional city with a 100,000 + trade catchment and population forecast to grow a staggering 19.54% by 2036.*****

For Sale by Expressions of Interest Closing 4pm Wednesday 10 April 2024.

For further information, please contact Burgess Rawson or Gagliardi Scott.

*Approx
**GapMaps
***GreaterShepparton
****VPA
*****Forecast.id

Property Details

Listing
Sale
Current Tenant
Vacant
Occupancy Type
Development Site
Land Size
15,866 SQM
Building Area
4,780 SQM

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