339 Ballarat Carngham Road, Bunkers Hill, VIC, 3352

Residential Development Site in Ballarat’s Growth Corridor – 32.791 ha - Circa 488 Lots (STCA)

·       Approx 80 Acres – 32.791 ha

·       Potential for Circa 488 Residential Allotments 

·       New Re-Zoning Catchment Corridor (STCA)

·       Ballarat – Victoria’s fastest growing regional city 

Buxton Ballarat and Gull & Co. are pleased to present for sale this prime development site that is situated in the western growth corridor of Ballarat and sits within the next re-zoning catchment area (STCA)

The site offers 80 Acres – 32.791 ha of prime land with enormous potential for further development of residential allotments (STCA). The landholding with a total frontage of approx. 404 m* to Ballarat-Carngham Road, the property has a natural yet subtle gradient from north to south.

Key Features of the property include:
 

·       Large 80 Acres – 32.791 ha of prime land

·       Within the next proposed Ballarat West Precinct Structure Plan

·       3 minutes from Lucas Shopping Centre

·       10 minutes to CBD

·       Close to schools and amenities 

·       This precinct of Ballarat has shown exceptional growth over the past 5-year period, with the property surrounded by numerous highly successful residential and retail/commercial developments

·       The Ballarat West Growth Area is forecast to grow by an average 6.0% per annum (2022 to 2036)1

·       High exposure and accessibility with a total road frontage of 404 m*

·       Rectangular and relatively flat landholding, making for efficient development

·       Current developments in construction within 1km

·       High buyer demand for future residential allotments

·       Rare offering of such a substantial parcel of real estate 

Sites of this size and calibre are once in a life-time opportunities and simply don’t present to the market often. If you are a developer with interest in the Ballarat marketplace, ensure you enquire today for further information.

The property is being offered for sale via an Expression of Interest closing 20^th September 2022 at 5pm. Please contact conjunctional selling agents Mark Nunn from Buxton Ballarat and Cameron Gull from Gull & Co. for all relevant documentation.