FOR SALE
$325,000 - $350,000

Allotment 1a4 Parkers Road
Lal Lal VIC 3352

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5ha
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4.69HA (11.59 Acres) Highly Attractive With Water Views

This most picturesque property is situated in a coveted location that enjoys easy access to both Geelong (via Midland Hwy) and Melbourne (via Western Fwy) and is only a 20 minute drive south of Ballarat's CBD. Most suited to a forward thinking investor seeking a well situated allotment in an idyllic setting for occasional weekend stays and farming/recreational purposes. The land features a picturesque lake with an island that has been stocked with a variety of fish, is fenced into two paddocks and is mainly cleared, with a scattering of mature eucalyptus and is improved with a small storage shed at the front of the property. Although the zoning of the land is zoned "Rural Living" it is unlikely under the present planning scheme that a planning permit for the construction of a dwelling can be obtained as the land is situated in a proclaimed catchment area and is proximate to a private dam with an island. However, it is possible that this may change in the future. Call today to learn more concerning this ultimate country escape/landbank investment.
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Property Details for Allotment 1a4 Parkers Rd, Lal Lal

Building Type
Land
Land Size
5ha

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About Lal Lal 3352

The size of Lal Lal is approximately 66.6 square kilometres. It has 1 park covering nearly 14.1% of total area. The population of Lal Lal in 2011 was 600 people. By 2016 the population was 470 showing a population decline of 21.7% in the area during that time. The predominant age group in Lal Lal is 50-59 years. Households in Lal Lal are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lal Lal work in a trades occupation. In 2011, 94.5% of the homes in Lal Lal were owner-occupied compared with 94.9% in 2016..

Lal Lal has 347 properties.

    There are currently 2 properties listed for sale, and no properties listed for rent in Lal lal on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Lal lal.

    Suburb Insights for Lal Lal 3352

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    Ray White Ballarat
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