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Overview
Prime 10-Acre Dual-Title Holding - Landmark Corner Position in Expanding Growth Precinct
An exceptional landholding opportunity in one of Virginia's most strategically positioned growth precincts, comprising two adjoining 5-acre allotments on separate titles at 390 King Road and 408 King Road, offering a combined 10 acres (approx.) with an impressive 253.2 metres of frontage to King Road.
Positioned on a commanding corner allotment and surrounded by expanding residential developments including Virginia Grove and the Sunflower Estate, this property presents significant future development potential (STCC) in a rapidly evolving corridor.
With strong road exposure, dual titles and substantial frontage, the flexibility here is outstanding, retain as two separate parcels, landbank, generate holding income, or explore long-term redevelopment options.
Property Highlights:
- Two separate 5-acre titles (flexibility for staged outcomes)
- Approx. 253.2m combined road frontage
- Prominent corner positioning
- Located within a high-growth corridor
- Close proximity to shopping amenities and residential expansion
- Mains electricity and mains water connected
- Bolivar water allowance available (not connected)
- Virginia Grove Housing Development - only 2 -3 minutes drive
- Virginia Shopping Centre & Local Retail Hub - few minutes drive from the property
- Short drive to The Grover Shopping centre
- New Riverlea housing development is only few minutes from the property
390 King Rd, Virginia:
- 3-phase power
- 37 greenhouses / poly houses
- Well-maintained hardstand shedding
408 King Rd, Virginia:
- Single-phase power
- 30 greenhouses / poly houses
- Two dams with fuel pumps
- 35,000L rainwater tank
- Well-maintained hardstand shedding
- Leased until July 2026 - sale includes tenancy
The established horticultural infrastructure provides immediate usability and potential income while future plans are explored.
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Auction | Date TBA |
Location
Virginia SA 5120
Market Insights for Virginia SA 5120
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