Land Size: 20,246m² | Zoning: Residential/ Farming | Rental Income: $2,600 per month
Attention developers, investors, and land bankers! This is a once-in-a-lifetime opportunity to secure a generous parcel of land in a rapidly growing area with outstanding future development potential. Positioned within what the Victorian Planning Authority are calling the 'future-proofed Ballarat North expansion area', this property presents a rare chance to secure a high-growth asset before prices reflect future development potential. With direct access to key transport links, schools, and Ballarat’s thriving town center, this site is positioned to benefit from significant capital appreciation and infrastructure upgrades in the coming years.
Located at 108 Muir Road, Miners Rest, a unique opportunity to acquire over 5 Acres in Ballarat’s Expanded Areas. Currently zoned for farming, this parcel is situated in the Miners Rest area, providing a perfect blend of rural tranquillity and proximity to urban amenities, this expansive 20,246m² property is ideally positioned to the north of the PSP (Precinct Structure Plan), just north of Cummins Road. With land of this size and prime positioning, it offers tremendous potential for a wide range of future developments, including residential, mixed-use, or even community-focused projects. The area is seeing substantial growth, making this an incredible chance to capitalize on future demand. Land within PSP-adjacent areas often sees higher capital growth due to future rezoning and infrastructure upgrades that are starting now.
A new Miners Rest Community Sports Facility is also planned only a 3 minute drive away. This state-of-the-art facility will include a competition-grade oval and sports pavilion. This exciting development will enhance the area’s infrastructure and boost demand for housing, making it an ideal time to secure this prime property.
Currently the property features a well-maintained 3-bedroom home with 1 bathroom, Large 10x10 shed, big enough for caravan storage, trailers etc - Indoor Stables with separate pens and tack area, 2 separate fully fenced paddocks, 1 paddock has a fully enclosed shelter, 4 water tanks and bore water available. offering an immediate rental return of $2,600 per annum. The existing dwelling also boasts 8 convenient parking spaces, making it a versatile asset while you plan for future development.
Key Features:
Land Size: 20,246m² (over 5 acres)
Current Property: 3 bedrooms, 1 bathroom, 8 parking spaces
Rental Return: $2,600 per month – ideal for immediate cash flow while you plan for the future
Development Potential: Positioned within close proximity to the north of the PSP, making it a prime site for future residential or mixed-use development.
Prime Location: Growing area with strong infrastructure and access to essential services and amenities.
This property presents an exciting opportunity for savvy investors and developers looking to secure a foothold in a high-growth region. With land this size and the zoning in place for future development, your vision for this site could shape the next chapter of Miners Rest.
Don’t miss out on this exceptional chance to secure a valuable piece of land with incredible potential. Contact us today for more information or to arrange a viewing.
