502A Eleventh Street Mildura VIC 3500

Vacant land | central Mildura | dual-unit plans prepared | 627m² allotment This vacant allotment presents a low-complexity development opportunity in a central location, with prepared plans for two units streamlining the approval pathway. Its core strength is a ready-made configuration for a builder or investor seeking immediate project commencement, bypassing initial design phases. It serves a buyer with capital for construction aiming for rental income or a straightforward subdivision profit. The primary risk is council approval uncertainty, which costs time and may require plan modifications. The commercial logic relies on building costs versus the end-value of two new units in this established locale. Proceed only with a firm feasibility study and conditional finance. A professional valuation and locality due diligence report would precisely quantify the planning risk and end-value to secure your position.