By Jessica Anstice
A four hectare residential development site in Officer has sold for $7.2 million to a leading Melbourne home builder.
Located between Beaconsfield Village and Officer Town Centre, the Northridge site has been earmarked for a 51-homesite residential subdivision.
Real estate developer, The Potter Group, sold the site in order to focus on developing larger land projects.
“We are delighted with the outcome which will allow us to continue focusing on larger development sites,’’ The Potter Group project director Scott Payten said.
“The sale reinforces the continued confidence from home builders in this exciting growth corridor.”
The sale was negotiated by Andrew Egan of Biggin and Scott.
