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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SALE BY SET DATE CLOSES MONDAY 31ST AUGUST 2026 AT 4:00PM (UNLESS SOLD PRIOR)

Positioned in one of New Gisborne's most strategic growth locations, this exceptional 6.61-hectare (16.31-acre approx.) property presents an outstanding opportunity for investors, developers and astute buyers seeking a premium land banking investment. Zoned Rural Living Zone – Schedule 5 (RLZ5), the property directly adjoins Pioneer Way (in the Gisborne Business Park), placing it in a highly strategic position surrounded by ongoing commercial and industrial growth. Set on approximately 16.31 acres (6.61 hectares), the property also features an existing four-bedroom home, offering the perfect balance of lifestyle and future potential. Ideally located approximately 59km from Melbourne CBD, 47km from Melbourne Airport, and 21km from Sunbury, this significant landholding offers exceptional convenience while benefiting from its position within one of the region's fastest-growing corridors. Whether you're looking to secure a premium land banking opportunity or invest in a substantial holding with exciting long-term prospects, subject to all relevant approvals in the future, this is a rare opportunity to acquire a property of exceptional scale, strategic location and outstanding long-term potential.

Disclaimer: All information provided regarding future zoning, development potential, commercial use, planning schemes, infrastructure projects or rezoning possibilities is indicative only and subject to change without notice. No warranty or representation is made that any rezoning, commercial use, development approval or planning amendment will occur. Interested parties must rely on their own investigations and obtain independent planning, legal and professional advice before making any purchasing decision.
Type
Residential Land
Area
6.6 ha

Price guide

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