Discovering the untapped potential at the center of Greenvale's vibrancy! A prime piece of highly sought-after real estate has entered the market for the first time in over forty years! This expansive 110-acre property is surrounded by approved properties under the Precinct Structure Plan (PSP) and boasts a vast, perfectly flat landscape without any additional overlays. The extension of Mickleham Road highlights the rapid population growth in Melbourne's northern suburbs. Originally targeted for development by major industry players, the owners have now decided to sell, offering attractive terms for settlement and deposit. With the potential to accommodate over 700 residential lots (subject to council approval), ranging from 400 to 700 square meters each, this property has undergone comprehensive evaluations for inclusion within the Urban Growth Boundary (UGB) and has been a key focus of strategic expansion efforts. However, its progress was stalled pending the completion of the Craigieburn West PSP, and due to possibly sufficient land availability, it was not pursued further for PSP ratification. Surrounded by significant developments from renowned developers like PEET, Potter George, HB Land, JinDing, and Satterley Group. Following the recent finalization of the Craigieburn West PSP in August 2022, along with a noticeable shortage of housing, this property presents an appealing opportunity at its current offering price. The site is considered one of the premier landholding and development opportunities in the northern suburbs.