10 East Maddingley Road Maddingley VIC 3340

Amazing opportunity to secure 54 acres, 21.85 hectare (approx.) across 30 titles in the Maddingley. The property has been in the same family for 3 generations. Situated only 220 metres from the Bacchus Marsh Railway Station, around 1.5kms to the Village Shopping Centre and within an hour's drive of Geelong, Ballarat, Melbourne, Werribee and 6kms from the future Parwan Employment Precinct, the potential here is endless.

The parcel comprises of an entire block with street frontages to all sides. The main frontage is on the high-profile Bacchus Marsh Road and the land overlooks the Bacchus Marsh township.

The site contains 2 existing residences, a 2 bedroom, 1 bathroom, 1 car home (Currently tenanted at $370 per week) and a 5 bedroom, 2 bathroom, 2 car home that would require renovating.

The Bacchus Marsh Strategic Bulky Goods Retail Assessment (Essential Economics, 2018, 30) report identifies the land as having potential to be used for a bulky goods site. The Maddingley Planning Study Report 2022 identified the site as the preferred location for a long-term bulky goods precinct and considers the rezoning of the land to Industrial 3 zone and/or Commercial 2 Zone as their preferred option.

The population of Moorabool is due to increase to around 71,983 by 2041 a growth of around 98% from the 2021 population of 36,344. (Source Moorabool.vic.gov.au)
Bacchus Marsh has a lot of potential now and into the future and this is an opportunity to secure a large parcel of central land that could be crucial to future growth.

Expressions of Interest Closing Friday December 16, 2022.