This Security Property is situated in the Latrobe Valley in the town of Morwell approximately 152 km south east of Melbourne with a General Residential Zoning.
The Security Property comprises 18.23 hectares of land which comprises part of the Heritage Place Estate with a planning permit for the development of 8 stages comprising 183 residential lots and 2 superlots. At present 128 residential allotments have been completed and settled which was undertaken before the borrower purchased this parcel.