626 Calder Highway
Maiden Gully, VIC 3551

Overview

626 Calder Highway, Maiden Gully VIC 3551

This exceptional property offers a significant future development opportunity, strategically positioned in a rapidly evolving area slated for rezoning. Spanning approximately 30.5 hectares (305,000 square meters), this expansive land parcel is a key gateway to the Maiden Gully region, presenting a unique investment prospect for developers and investors alike.

The land is currently under consideration for rezoning and is included in the Maiden Gully North Precinct Structure Plan, highlighting its potential for residential development subject to council approval (STCA). The property features multiple residential dwellings, large cleared areas, meandering seasonal gullies and creek lines, native vegetation, and elevated sections that provide scenic views back towards the Maiden Gully township.

Located just 7 kilometres west of the Bendigo Central Business District, this site comprises several lots, including:

• 626 Calder Highway – 5.276 hectares
• 604 Calder Highway – 4.145 hectares
• 82 Durstons Road – 8.276 hectares
• 88 Durstons Road – 4.076 hectares
• 104 Durston Road – 9.106 hectares

This assemblage offers significant dual frontage onto Calder Highway and Durstons Road, enhancing accessibility and development potential. The property currently generates income through three rented houses on site, while lots 82, 88, and 104 Durstons Road are council rated as farming land with a primary producer lease in place.

Looking ahead, the Greater Bendigo region is projected to experience substantial population growth, with an expected increase of 87,000 people by 2056, necessitating approximately 38,000 new dwellings. Planning strategies propose that 70% of new urban development should occur in established areas, with the remaining 30% in growth areas such as Maiden Gully, Strathfieldsaye, Huntly, and Marong. This property is well positioned to capitalize on this demand, offering a prime development site in one of the region's key growth corridors.

Investors and developers are encouraged to consider this rare opportunity to secure a large landholding with significant future potential in a sought-after location. The property's diverse features, including cleared land, natural watercourses, native vegetation, and elevated vantage points, provide a versatile canvas for a range of development possibilities, subject to planning approvals.

Prospective purchasers should undertake their own due diligence and seek independent professional advice to verify all information, including zoning, land size, and development potential. Floorplans, room measurements, and land sizes provided are approximate and for illustrative purposes only.

Location