Four lots, Nos. 32, 44, 49 and 60 which are part of Lot 30, have been snapped up. At its monthly meeting on June 25, Federation Council authorised the Common Seal of Council be affixed to the Contracts of Sale and associated documents for the four parcels of land.
The sale price of the lots is $58m2 plus GST, as determined by council at its February meeting.
“It’s great to see council’s investment put into Mulwala is coming to fruition,” Cr Andrew Kennedy told the Yarrawonga Chronicle.
“Council took a punt on the investment and there have already been sales and quite a lot of interest in other lots.”
With competitive land prices, the Mulwala Business Park provides the opportunity for new business start-up or business relocation. The region is easily accessible via road, rail or air with easy access to main highway connections to both Melbourne and Sydney, and the proposed Melbourne-Brisbane Inland Rail Corridor.
Federation Council Mayor Pat Bourke said that council is committed to supporting business and economic growth and investment in the region and has opened up this next stage of the Business Park, to meet ongoing demand accordingly.
“The Business Park is located alongside Tocumwal Road in Mulwala and the new stage covers an area of approximately 80,000m2,” he said.
“It provides variable sized blocks which are serviced by water, sewer, electricity and telco (NBN). The land is zoned IN1 in accordance with council’s planning scheme which provides for a large number of possible uses including manufacturing and warehouse door sales.”
Mulwala’s Business Park blocks of land vary in size from 7761m2 to 1182m2. “Council will continue to remain focussed on economic development throughout the region to help build a strong and vibrant business sector and sustainable community,” the mayor said.
“Council was fortunate to gain $665,000 in Federal Government funding towards this project in June 2016, and also contributed its own significant additional funds to make this new stage a reality. Congratulations to staff and contractors on this great result.”
So regardless of what stage you are at, Council encourages you to contact its Economic Development team, and they can assist with navigating available funding and grant opportunities, potential site selection, connecting your business with service providers and industry contacts, and being your point of contact through Council’s planning processes.
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