1141-1145 Geelong Road, Mount Clear VIC 3350

AUD 500,000
For Sale

Property Details

Bedrooms

2

Bathrooms

1

Property Type

House

Description

Property Details: • Type: House

• Bedrooms: 2 • Bathrooms: 1

Description: Presenting a genuinely compelling opportunity for the astute developer, investor or land-banker seeking a foothold in one of Ballarat's most consistently sought-after residential corridors. Occupying a commanding corner position on Geelong Road, this Residential 1 zoned allotment presents the kind of versatility that experienced developers recognise immediately and act upon decisively. Corner blocks of this calibre - with dual street frontage, generous proportions and the flexibility afforded by Residential 1 zoning - represent a diminishing commodity in Ballarat, and this offering will attract genuine competition. The zoning permits a range of development outcomes, from a boutique townhouse project to a carefully considered multi-dwelling development (STCA), allowing the incoming purchaser to realise the full potential of what is an inherently superior land holding. The dual street access typical of a corner configuration offers both practical convenience and meaningful design freedom rarely found in conventional rectangular allotments. An alternative is to retain the existing consulting rooms/office located on the corner of the allotment and utilise the extensive parking on-site. Ther is certainly a range of opportunities available (STCA). Positioned within the established and ever-popular suburb of Mount Clear, the property sits in proximity to Federation University, Damascus College, Mount Clear College and a suite of primary schools - a demographic reality that continues to underpin strong rental demand. The Midvale shopping precinct, medical services and arterial access to Ballarat's CBD are all within reach. This is a rare opportunity in a prime location. Hurry to enquire. JD

Location

Address

1141-1145 Geelong Road, Mount Clear VIC 3350

City

Mount Clear

Features and Finishes

None

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