115 Duggans Lane, Lara, VIC 3212
- 4
- 3
For Sale
EOI ending 31/01/2025
Exceptional 114.63 -Acre Parcel in Lara's Prime Location- Perfect for Investment or Lifestyle!
Raine & Horne Land Victoria proudly presents a unique sale of 114.63 acres prime land with most beautiful views of the You Yang Ranges in Lara. The property is situated right next to Avalon Growth Corridor boundary. The Geelong region is experiencing significant growth, as outlined in the G21 Regional Growth Plan, which forecasts an increase in population, employment opportunities, and tourism over the next four decades. Lara is strategically positioned to accommodate a portion of this growth. The area's designation for greenfield urban expansion under the Greater Geelong Planning Scheme aligns with broader regional development goals. This includes the development of new residential, commercial, and community infrastructure designed to support a growing population.
The Lara West Precinct Structure Plan (PSP) aims to accommodate approximately 11,000 residents in about 4,000 new homes. It includes a $37 million investment in roads, community facilities, and sports grounds in Lara West. The plan also features an employment area expected to create 300 jobs, a central hub with amenities supporting 185 ongoing positions, three new schools, community services, sports facilities, parklands, walking trails, and other necessary infrastructure.
Property Features:
• Land Size approx. 114.63 Acres (Farming Zone)
• 4 Bedrooms and 3 bathrooms
• Convenient access to Princes Freeway, Geelong Ring Road, and Bacchus Marsh Road
• Minutes from Lara township with vibrant community
• 10 minutes to Avalon Airport
• 20 minutes to Geelong city centre
• 35 minutes to from some of Australia's best surf beaches
• 40 minutes to Melbourne CBD
• Close to major residential estates like Austin, Coridale estate by Villawood, Manzeene village by Dacland and Bisnella
Call Andy Pandya +61 043 391 253 Or Kevin Paghdar on +61 426 510 510 today for further enquiries.
Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any
Andy Pandya
Englobo Land Specialist
Kevin Paghdar
Licensed Estate Agent
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L31947950
- Property Type:Acreage
- Land Area:114.63 acre
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R&H Suburb Profile: Lara
R&H Suburb Summary | Houses |
---|---|
Number of sales | 310 |
Average Price | $714,560 |
Median Price | $685,000 |
Median Rental Price | $550 p.w. |
Change in Rental Rate (5yr) | 34 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 35 |
Average Price | $467,371 |
Median Price | $460,000 |
Median Rental Price | $430 p.w. |
Change in Rental Rate (5yr) | 30 % |
Median Trend - $685,000
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