Residential land spanning close to 50 hectares is now up for sale amounting to more than $30 million.

The Botanic Ridge property is located near south-east Melbourne and comprises of a 32.41 hectares lot located at 91-93 Browns Road and a 15.41 hectares lot at 95 Browns Road that is slated to be sold as one big parcel. It is Melbourne's newest suburb.

The property is found in the Casey city and is within an urban growth zone. The land release is expected to accommodate as much as 550 lots. It is also ideal because of the Browns Road development that complements the residential area.

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