DEVELOPERS and land owners are rubbing their hands with excitement at the prospect of a roundabout being developed at the Avenue of Honour in Bacchus Marsh, north-west of Melbourne. Large tracts of used and disused farmland in the pockets around the proposed new road – including around Hopetoun Park, Parwan and Pentland Hills – are expected to be redeveloped as housing estates in coming years. Tenders closed for one such site this week: the massive 168 hectare Underbank Stud Farm.

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