More Farmers Become Millionaires As Government Needs Land For Housing
Sharing its postcode with Mount Cottrell, Wyndham Vale abuts Eynesbury, Tarneit and Melton South, which have all seen rampant residential redevelopment in recent years.
Jones Lang LaSalle’s Matthieu Lucas and Dominic Gibson said a Precinct Structure Plan is expected to result in a rezoning of the land to residential use.
The vendors of the property are farmers who ran a business from the site since the early 1980s.
