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210-234 Paynes Road

Rockbank, VIC 3335, Australia
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About this property

30 Acres .Approx Just 30 minutes from Melbourne CBD. Suitable for around 200 lots residential sub-division In close proximity to the upcoming Thornhill Train station. It is located in a strong performing housing corridor. It is within very close proximity of the new Thornhill Park Estate. Paynes road PSP; Paynes Road Precinct Structure Plan (âthe PSPâ) has been prepared by the Metropolitan Planning Authority (MPA) in consultation with Melton City Council and with the assistance of Government agencies, service authorities and major stakeholders. The PSP applies to approximately 199 hectares of land located approximately 30 kms from Melbourne CBD. The plan is an amendment to the incorporate Toolern Precinct Structure Plan, and formally referred to as PSP 31.2 Toolern Precinct Structure Plan, Part C. The PSP changes the future land use to residential from the employment-based zoning applied under the Toolern PSP, a revised land use outcome established by the West Growth Corridor Plan. Residential development in PSP will provide a superior interface with Western Freeway & increase accessibility to rail network. The west Growth Corridor Plan established large areas of future employment land in Mt Atkinson and Tarneit. The precinct is bounded by western Highway to north, Paynes Road to east, Mount Cottrell Road to west and the Melbourne-Ballarat Corridor to south. It is within Melbourneâs West Growth Corridor. The land comprises of 4 bedrooms, 2 bathrooms & Double garage house featuring living area & decent size kitchen. One of the great opportunities to invest in land banking in the vicinity of established townships. Vendors will consider reasonable offers! For further details; Contact Manpreet Dandiwal on 0433 413 927

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    Repayment calculator

    $3,054/month
    $1,527 /fortnight
    Loan $504,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$126,000
    Stamp duty$32,870
    Conveyancing (est.)$2,000
    Total upfront$160,870
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Listed
    2 months ago

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