This is a unique opportunity to purchase two different planning zones, comprising of 4500 sqm* of Industrial 1 Zoned land (IN1Z) and 2.65 Ha* of Rural Residential Living zone with it's own frontage off Davies Road.
Located 3km from Ballarat CBD, the land offers the potential develop multiple industrial units off Elsworth Street, while also being able to build a luxurious residence off Davies Road (^STCA).
The opportunity exists for there to be an income producing asset, or alternatively, as a residence throughout the process of the site's redevelopment.
Key features are below:
- Major land holding of 3.1ha*
- Perfect for an owner-occupiers, families, or land bankers to either rent, occupy, or redevelop the land for Commercial and Residential purposes
- Double street frontages to Elsworth Street and Davies Road totalling over 170m*
- Industrial Zoned 1 and Rural residential Living zoning (RLZ) under the City of Ballarat planning scheme
- Excellent development potential for industrial and residential purposes
- Existing well maintained 3 bedroom, 1 bathroom house on site to either rent or occupy
For further information, please contact the exclusive selling agents at Colliers.
Mark Burgio
+61 423 388 981
Michael Gardiner
+61 404 441 122
*Approx. ^STCA.
Outlines indicative
