OPTION 1 - TURNKEY DELIVERY BY THE DEVELOPER; or OPTION 2 - LAND SALE Available on Request: - Due Diligence Report - Developed Project Documentation for Building Permit This Tullaroop Road development in Maryborough offers a significant opportunity to contribute to the city's history while addressing the housing shortage in regional Victoria. With permits approved for 19 modern dwellings on a spacious 5000+m2 site, this development is well-situated and features amenities like landscaped gardens, a communal barbecue area, and ample parking. The rental demand is favourable, and you could expect a return of around $360,000 per annum - using conservative estimates of around $350-$380 per week in the current market with scope for future increases in the Goldfields' growth area. Its proximity to the local golf club, bushland, and public transport adds to its appeal. Maryborough retail and sports grounds, park areas and open spaces. The initial solid interest from local and out-of-area clients, especially workers from local employers, underscores the demand for quality housing. The design and planning work has already been completed, saving potential investors valuable time and effort. Feel free to discuss this exciting opportunity further with Kate Ashton at Maryborough Ballarat Real Estate.