This Security Property is situated within the Shire of Moira in the area known as Yarrawonga approximately 268 km north of Melbourne, 92 km west of Albury with a General Residential and Low Density Residential Zoning under the Moira City Council. Yarrawonga provides limited services and facilities including a supermarket and a limited variety of specialty stores. The town centre is 5 km west and 55 km south is Wangaratta which provides greater commercial facilities including regional specific educational and medical facilities whilst Wodonga, 90 km east also provides greater facilities.
The Yarrawonga township is serviced by Yarrawonga College P-12 and Sacred Heart Primary School. The Murray Valley Highway is a major access provider to the locality linking Yarrawonga township to surrounding regional areas.
The Security Property comprises a Concept Masterplan for a residential development known as Glanmire Estate which is proposed to yield up to 740 residential allotments over 22 stages. At present stages 10-11 are under development.
A number of lots remain to be settled from previous stages. The borrower is constructing turnkey homes on three of the remaining lots.