PRIME LOCATION , PERFECT FOR LAND BANKING

For Sale
Lara
Sold $2,120,000
Description

Located in Northern Geelong Future Urban Structure Plan (NGFUSP) employment pocket. Here’s a summary of the key points:

Address: 510 Bacchus Marsh Road, Lara, Victoria

Property Features:

Land Size: Approximately 2.21 hectares (5.5 acres)
Property Type: Residential with potential for future redevelopment (STCA)
Bedrooms: 4, with master bedroom featuring a walk-in robe and ensuite
Additional Features: Huge shed
Street Frontage: Over 95 meters
Investment Potential: Possibility to lease the residence
Location Advantages:
Access to Major Transport Networks
Significant profile and street frontage
13.5 km to Avalon Airport
Close proximity to the Geelong Ring Road
11 km to Geelong CBD
45 minutes to Melbourne
This property appears to offer a unique opportunity for investment, given its size, location within an urban growth project, and potential for future redevelopment. It’s recommended to conduct due diligence and consult with local authorities to understand any zoning restrictions or development opportunities (STCA).

Disclaimer: While every effort has been made to ensure the accuracy of the information provided in this document, Luxury Real Estate Agents accepts no responsibility and disclaims all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are advised to conduct their own inquiries and verify the information contained herein. Additionally, it is recommended that purchasers refer to the due diligence checklist provided by Consumer Affairs, available at http://www.consumer.vic.gov.au/

Features
Details
  • Property ID: L26520770
  • Price: Sold $2,120,000
  • Sale Date: 2024-06-21
  • Land Area: 2.21 hectare
  • Bedrooms: 4
  • Bathrooms: 2
  • Garage: 2