Landen Construction Note

Location
The property is located in a north-western suburb of Oakville. Neighbouring development comprises rural/residential properties, interspersed with either newly completed subdivision or currently under construction and modern residential. The property is 2.6 kilometres north-east from Vineyard railway station. Public bus services are available along Commercial Road within proximity to the subject site.

Development Project
The property site is zoned R2, for low density residential and is well located within the region, being in proximity to the existing public transport network, amenities and major transport nodes in the area. Box Hill city centre is approximately 4.7 km to the south-west of the subject site. The property is not located in a flood risk zone, with many properties in the designated growth area now subject to development restrictions, this further enhances the desirability of the property as a development site.

The property has a total site area of 55,400 square metres ​​​​and will be subdivided into 91 title sections, comprised of 87 residential sections, a temporary OSD basin and three residue lots. The OSD basin will be further subdivided into four sections which forms stage two of the subdivision.

Purpose
To assist with the 91 lot subdivision located at 44 Menin Road, Oakville, NSW

Exit Strategy
The primary exit strategy is to sell the completed lots.

Construction Progress
To be commenced.