PHOTO: The farmland that will be developed. Picture: Supplied Source: Supplied

They are set to become multimillionaires but instead of splashing out on a mansion the pair are expected to continue farming.

A pair of Melbourne farmers are expected to make an eyewatering $45 million from the sale of their farmland as developers circle the property.

The husband and wife, Mirko and Heidi-Marie Blazevic are near retirement age but keep cattle and smoke eels on the outer southeast property in Nar Nar Goon.

But Melbourne’s urban growth is creeping out and the land has been rezoned to allow for new developments within the precinct.

Core Projects’ Kane Malcomson who is representing the couple has estimated the property will go under the hammer for $45 million, with both local and international interest already.

Proposed plans for the site. Picture: Supplied

Proposed plans for the site. Picture: Supplied Source: Supplied