An amazing opportunity like this doesn't come that often! Cranbourne East is one of South East's well-known suburbs which offers great connectivity within the township & has outstanding facilities including Casey Fields sports and recreation precinct, CASEY Race swimming & fitness centre, Cranbourne Park Shopping Centre, and reputed public and private schools including Cranbourne East Primary & Secondary College, Casey Grammer, and St Peters to name a few. Monash Fwy, South Gippsland Hwy, Westernport Hwy, and Cranbourne Train Station are within easy reach. This property represents a fantastic proposition with the current General Residential Zone Schedule 1 and the possibility for low/medium density housing - Collison Estate Development Plan. This prime development site (S.T.C.A) is an excellent consideration for the astute developer/investor with a tenant currently in residence providing immediate returns whilst development plans are getting finalised for the Collison Estate, which is already in the advanced stage with the City of Casey. The draft Development Plan provides guidance for future development and planning permit applications in the Collison Estate. Future development of Collison Estate includes up to 1,700 residential allotments, a local activity centre, a community centre, non-residential uses in a residential zone and open space networks. Once the development plan is approved, future planning permit applications are exempt from public notice under the Casey Planning Scheme. Contact Rick or Lin today for more information or to arrange a private inspection! Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist **PHOTO ID REQUIRED AT ALL INSPECTIONS** DISCLAIMERS: Every precaution has been taken to establish the accuracy of the above information, however, it does not constitute any representation by the vendor, agent, or agency. Our floor plans are for representational purposes only and should be used as such. We accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies, or misstatements in the property advertisement or property brochure.