Unique Industrial And Residential Site With Double Frontage
118 Elsworth Street East, Canadian VIC 3350
EOI 02/05/24
Commercial LandSize: n/a
Block size: 3.1 Hectares approx.
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
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
Inspections
No open inspections scheduled.
Send an enquiry
Contact Mark Burgio to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Commercial Land
Block Size:
3.1 Hectares*
Other Details
Lot:
1
Plan:
PS442827
Legal description:
1\PS442827
Maps and area information
Block information
Block size: 3.1Hectares (approx)
Legal description: 1\PS442827
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history
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SummaryMedian sales
Average Age
40 years
Population
4,098
Listing ID: 182413280. This listing has been viewed 3 times. It was first displayed on 02/04/2024 and last updated on 03/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.