Land
An exceptional opportunity is now available to secure approximately 5 hectares of strategically located land in Newborough, positioned within the Lake Narracan Precinct Structure Plan (PSP) approved area and ready for future development (STCA).
This sizeable parcel presents strong long term upside for developers, land bankers, and investors, benefiting from its inclusion in a designated growth and residential expansion area in Gippsland.
Key Property Highlights
Land Size: Approx. 5 hectares
Location: Newborough, within the Lake Narracan PSP
Planning Status: PSP approved land, supporting future residential development (STCA)
Zoning & Growth Potential: Identified within a structured growth framework, providing planning certainty
Development Ready: Suitable for staged or master planned development (subject to authority approvals)
Settlement Terms: Short settlement preferred, ideal for experienced developers and active investors
Strategic Location Benefits
• Close proximity to existing residential areas, schools, shopping amenities, and key transport links
• Strong demand drivers from regional growth and infrastructure investment
• Positioned within a planned precinct designed to support long term community expansion
Ideal For
• Residential subdivision developers
• Strategic land bankers
• Investors seeking exposure to PSP Aapproved growth land
• Joint venture or development partnerships
Prospective purchasers are encouraged to undertake full due diligence prior to entering into any contract
Consumer Affairs Victoria - Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
Enquiries & Further Information
For further details, site discussions, or to request additional planning information, please contact:
Hiren Luhar - 0425 855 832 or Email : hiren@rcpgroup.com.au
Bhupinder Singh - 0433 766 802 or Email : bhupinder@rcpgroup.com.au
Click here for the Consumer Affairs Victoria Due Diligence Checklist for Home Buyers