84 Payne Road, New Gisborne, Vic 3438

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Residential Land
Type
6.6 ha
Area

Published on Friday, July 24, 2026 ( See property details for 84 Payne Road, New Gisborne, Vic 3438)

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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A substantial 16.31-acre rural landholding in New Gisborne with an existing four-bedroom home, offering exceptional development potential and strategic location for investors and developers.

🏡 Property Highlights

  • Strategic 16.31-acre landholding in New Gisborne's growth corridor
  • Zoned Rural Living Zone – Schedule 5 (RLZ5) with future development potential
  • Existing four-bedroom home offering lifestyle flexibility
  • Prime location near commercial and industrial growth areas
  • Excellent connectivity to Melbourne CBD, Airport, and Sunbury
  • Rare land banking opportunity with long-term investment prospects

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Water tank
  • Fully fenced
  • Waterfront / Views
  • Security Screens / Gates
  • Floorboards
  • Workshop
  • Fireplace
  • Garden / courtyard

New Gisborne is a rapidly growing suburb renowned for its strategic location and expanding commercial precincts. It offers excellent connectivity to Melbourne CBD, Airport, and Sunbury, making it ideal for long-term land banking. The area features a mix of rural charm and emerging infrastructure, attracting investors and developers seeking substantial growth opportunities. With ongoing industrial and commercial development, New Gisborne presents a vibrant community with promising future prospects.

What are the future development prospects for this land?
The property is zoned Rural Living Zone – Schedule 5 (RLZ5), offering potential for future development subject to all relevant approvals and planning schemes. However, any rezoning or development plans should be confirmed through independent investigations.
Are there any restrictions or covenants on the property?
All restrictions or covenants are subject to local council regulations and zoning laws. Buyers should conduct their own due diligence to confirm any specific restrictions.
What infrastructure is available on or near the property?
The property benefits from its proximity to commercial and industrial growth areas, with access to essential services. Specific infrastructure details should be verified through local authorities.
Is the existing home on the property suitable for living now?
Yes, the property features a four-bedroom home that is suitable for immediate occupation, offering a lifestyle option while considering future development plans.
What are the zoning and planning restrictions?
The property is zoned RLZ5, which allows for rural living and potential future development. Buyers should consult with local planning authorities for detailed restrictions and possibilities.
Are there any existing planning or building approvals required before development? What are the potential costs associated with rezoning or obtaining development approvals? Are there any easements, covenants, or restrictions affecting the property? Is there any history of flooding, bushfire risk, or environmental hazards on the land? Are there any nearby construction or infrastructure projects that could impact future development or lifestyle?

84 Payne Road, New Gisborne, Vic 3438 - More Details

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Type
Residential Land
Area
6.6 ha

Price guide

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