Universal Real Estate Vic North proudly presents this rare opportunity to secure a significant parcel of residential development in the major regional growth township of Moe - Newborough, just over 55kms approx. southeast of Pakenham. Situated within the Regional Shire of Latrobe City, with a population forecast to significantly grow into the future. Key Features: • Urban Growth Zoned- Schedule1 • 96.4% developable according to the council structure plan • 6-bedroom neat and comfortable home with 2 kitchens. • A potential rental yield of $23,000 Per year • 96.4% developable according to the council structure plan • Newborough property growth in the last 5 years is 97.73%. This acreage {(UGZ1 Residential Development parcel (STCA)] sits just north of the popular Newborough and Moe Townships, near to multiple popular estates, as well as directly across from Moe Golf Club, 4.7kms from Lake Narracan Boat ramp, and a convenient 4.4kms to Moe's CBD comprising Grocery Stores, Kmart, Cafes, Restaurants & more. This property absolutely boasts its impeccable central location. -Don't miss out! Call: Achal Arora: 0432 413 929 DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. Given are for general information only and do not constitute any representation on the part of the vendor or agent.