UNDER INSTRUCTIONS FROM OAK CAPITAL WHOLESALE FUND PTY LTD
AUCTION - Saturday 21 June 2025 at 01:30 PM On-Site
This landmark property is situated in anestablished location and is furthermore brimming with future potential. Amongst some of the various features the subject property has to offer are the stunning views to the You Yang mountains. A absolutely wonderful opportunity to secure a prime piece of the original central Lara, offering established infrastructure, natural beauty, and several exciting development prospects.
Property Highlights:
• Land Size: Approx. 8.7 acres of prime, centrally located land.
• Subdivision Permit Approved: Current planning permit in place for a 2-lot subdivision, allowing for a dwelling to be constructed on each lot.
• Services Available: Mains gas and sewerage available.
• Access: Dual road access with frontage to Gebbies Road and side access from the continuation of Thomas Road.
• A Natural Setting: Fronting Hovell's Creek and features a magnificent treed gully which offers tranquility, privacy, and a picturesque postcard outlook.
On the Property:
• Original 3-Bedroom Weatherboard Home - Now partially demolished, you can rebuild or reimagine the site options in accordance with the subdivision potential.
About Lara:
Lara is one of Victoria's fastest-growing regional hubs, perfectly positioned between Geelong (15 minutes) and Melbourne (under an hour) a seamless drive via the Princes Freeway. A growing number of families and professionals are calling Lara home given the perfect blend of country charm and metropolitan proximity/convenience.
Key features of Lara include:
• Excellent schools including St Anthony's Primary School (only around the corner), Lara Primary, Lara Secondary College which also includes a number of elite private schools in the district.
• A thriving town centre include major supermarkets, eateries, medical services, and shops
• V/Line train station offering fast and easy connections to Geelong and Melbourne
• Close proximity to Avalon Airport, Serendip Sanctuary, and You Yangs Regional Park
• Lara continues to attract the interest of both lifestyle buyers and developers, seeking value for money, location, and certain future growth.
Why This Property is Exceptional:
• Permit-approved 2-lot subdivision.
• Dwellings can be constructed on each title.
• Dual road access and essential services are in place.
• Partially demolished home allows redevelopment with reduced barriers.
• Character, location, and opportunity - all in one.
Whether you're looking to build your dream lifestyle property, undertake a small-scale development, or invest in a rapidly growing corridor, this unique landholding represents an unbeatable combination of location, land, and legacy.
Subdivision Permit Approved: Current planning permit in place for a 2-lot.
For more information including IM, or to arrange a viewing, please contact us today.
Patrick Mammone 0405 555 000
Anthony C Zammit 0458 000 000
Kevin Paghdar 0426 510 510
Rizul Sharma 0424 366 555
Sagar Bhaliya 0426 992 493
Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
