45 Gillets Road, Lara, VIC 3212
- 3
- 1
- 6
For Sale
CONTACT AGENT
RARE APPROVED GREYHOUND RACING FACILITY IN LARA OPPOSITE AVALON EMPLOYMENT PRECINCT!!!
Raine & Horne Land Victoria proudly presents a unique sale of 36.69 acres approx. prime land situated right opposite to Avalon Airport AND Rural Living Zone with multiple dwellings. 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.
This rare opportunity is perfectly positioned on the Princes Hwy with huge frontage and right opposite the combined $4.3 Billion industrial estate announced by the MAB Corporation And Livv Developments right next to Avalon Airport. This brilliant property offers you the opportunity to professionally train and run it as a trial track that brings in a great weekly income or keep it as a private facility just for your own purpose.
Rare Property Features
• 515.7m of frontage to Princes Hwy
• 500m track approved by Greyhound Racing Victoria
• There is a rare 159 dog permit
• 90 race kennels in addition 32 breaker kennels
• 4x100m working yards plus 4 empty out yards
• Two Bore water plus a large amount of sundry shedding
• Electric gates and a full security system
• Three large pasture paddocks and a dam
• Vet checking room and food preparation room
• Approved bull ring
• Massive rental income potential
• Part of the Avalon Growth Corridor Strategy
• 3 minutes Avalon Airport
• 5 Minutes to Lara township and Lara Station
• 6 Minutes to Coles and Woolworths
• 25 minutes to Geelong
• 35 mins drive from some of Australia's best surf beaches
• 40 minutes to Melbourne CBD
This property represents an exceptional opportunity in a prime location, making it ideal for land banking or development. Don't miss out on the potential of this strategic asset.
Call Kevin Paghdar on +61 426 510 510 Or Rizul Sharma on +61 480 108 022 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 representation on the part of the vendor or agent.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
Kevin Paghdar
Licensed Estate Agent
Rizul Sharma
Sales Representative
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L30703708
- Property Type:House
- Garages:6
- Land Area:36.69 acre
We Know Your Area
R&H Suburb Profile: Lara
R&H Suburb Summary | Houses |
---|---|
Number of sales | 303 |
Average Price | $715,976 |
Median Price | $685,000 |
Median Rental Price | $550 p.w. |
Change in Rental Rate (5yr) | 38 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 37 |
Average Price | $467,541 |
Median Price | $460,000 |
Median Rental Price | $420 p.w. |
Change in Rental Rate (5yr) | 27 % |
Median Trend - $685,000
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