A PROPOSAL to subdivide a prime piece of real estate on the western side of Leongatha is set to bring in millions of dollars’ worth of extra business to the country town.
And residents have until the end of this month to have their say on the proposed residential development that would see up to 600 new homes built on the western side of town within the next 10 to 15 years.
The South Gippsland Shire Council recently sent out a letter notifying ratepayers in the vicinity of the proposed development ‘Shamrock Springs’ that this month was their last chance to comment on the development plan for 130 residential lots and a subsequent subdivision that will provide future master planning for approximately 400-500 residential lots.
Land development consultants Beveridge Williams have prepared the development plan, which applies to approximately 62.79 hectares of land on the southern side of Shingler Street and the western side of Gibson Street, on behalf of client Sharon Murphy, and it’s available to view now via council’s website.
The subdivision, which will attract thousands of extra residents to Leongatha, is expected to have flow-on benefits to neighbouring communities.
And at a time when land in the city’s south-east is going for upwards of $300,000 – for a block smaller than 300sqm – the subdivision will encourage more people to move out into the country to retire comfortably.
The proposal has been in the making for several years.
It also flies in the face of critics who say Leongatha is going backwards, with developers clearly seeing potential for future growth.
Taking into consideration feedback received up until the cut-off date (5pm, Friday, July 26), Council will decide whether or not to approve the plan at a meeting at a date to be decided.
For Council to approve the plan, they must be satisfied that it is consistent with the requirements of Development Plan Overlay Schedule 9 of the South Gippsland Planning Scheme, which is also available to view on Council’s website.
It comes on the back of a separate proposal to develop a large parcel of land in Nyora, set to create 700 lots.
It’s the growth some South Gippsland residents have been yearning for many years, in the hopes of rising property prices and a higher population to strengthen the case for infrastructure projects.