545 Glenelg Highway Smythes Creek VIC 3351

Goldfish Ballarat Real Estate delighted to offer approx. 4.53 Ha (11.5 Acres) strategically located within Ballarat's Western Growth Extension Area for sale by Expression of Interest, just opposite to Aberdeen Estate developed by Integra, presents a significant residential development opportunity up to 69 lots (STCA).

LOCATION HIGHLIGHTS:
Just opposite to Master planned Aberdeen Ballarat by Integra;
Approx 2minutes to DELACOMBE SHOPPING CENTRE (Major Activity Centre of Ballarat West);
Approx 4minutes to School, Park, Transport and local amenities;
Next door to BALLARAT WESTERN LINK ROAD to Melbourne or Adelaide;
Approx 12minutes to BALLARAT CBD;
Approx 4minutes to BALLARAT WEST EMPLOYMENT PRECINCT;
Approx 5minutes to BALLARAT AIRPORT.

City of Ballarat: Ballarat is located in Western Victoria, Ballarat is Victoria's 2nd largest Regional City, with a population of approximately 115,000* Populations are based on ABS Census Data from 2021. Capital of Western Victoria with population forecast to surge 19% to 170,000 by 2041 and would require more than 29,000 new dwellings. This indicates that 5 new dwellings are required every day to meet current demand of housing to accommodate population growth.

Key industries in the city include manufacturing, tourism, health and community services, world-class education, agricultural, and retailing, together with banking and financing and government services via MyGovHub. More than 50% of its populations are employed locally in these industries.

Market Conditions: Ballarat is one of Victoria's most land-constrained markets, leading to higher demand and future price growth. Current average lot prices exceeding $300K showcasing strong investment potential.

Sale Type: Expressions of Interest;
Closing Date: Friday, 17th January 2025 by 05:30PM or sold prior.

This site offers a compelling opportunity for developers and investors seeking to capitalise on Ballarat's Growing Market Growth. For more detailed information, please call Subhash on 0423 916 840 or 03 5332 4444 now!!!

***PHOTO ID REQUIRED AT ALL INSPECTIONS***
Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions and information are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.