FOR SALE
$2,900,000-$3,100,000

375 Bacchus Marsh Road
Lara VIC 3212

Bedrooms: 4
Bathrooms: 2
Car spaces: 12
Land area: 22317m2
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Opportunity and Potential - 2.33ha property

Perfectly positioned within the Northern Geelong Future Urban Structure Plan (NGFUSP) employment pocket, this unique opportunity to secure approx. 2.33ha of land in one of Regional Victoria's most significant urban growth projects is not to be missed.
The sprawling home offers a flexible floorplan consisting of 4 bedrooms, the master complete with a walk-in robe and full ensuite, renovated modern kitchen with 40mm stone benchtops and stainless steel appliances, open plan living and dining area, a huge rumpus room and double garage complete the home. Outside a huge 324sqm highspan shed provides additional storage options.
With over 100m of street frontage, potential to lease the residence and 324sqm shed independently and excellent access to the Geelong Ring Road, the Avalon Airport, the Geelong Port and Geelong CBD and Avalon Airport, the scope for future redevelopment (STCA) makes this the perfect investment.
-23,291sqm (5.75 acres) property
-Identified for employment zoning
-Access to Major Transport Networks
-Significant profile and street frontage
-13.4km to Avalon Airport
-900m to the Geelong Ring Road
-11.6km to Geelong CBD
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Property Details for 375 Bacchus Marsh Rd, Lara

375 Bacchus Marsh Rd, Lara is a 4 bedroom, 2 bathroom House with 12 parking spaces. The property has a land size of 22317m2. The place is currently for sale with Harcourts North Geelong.

Building Type
House
Land Size
22317m2

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About Lara 3212

The size of Lara is approximately 89.5 square kilometres. It has 45 parks covering nearly 6.7% of total area. The population of Lara in 2011 was 13,845 people. By 2016 the population was 16,375 showing a population growth of 18.3% in the area during that time. The predominant age group in Lara is 40-49 years. Households in Lara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lara work in a professional occupation. In 2011, 76.8% of the homes in Lara were owner-occupied compared with 75.1% in 2016.

Lara has 10,813 properties. Over the last 5 years, Houses in Lara have seen a 31.15% increase in median value, while Units have seen a 34.63% increase. As at 31 August 2024:

  • The median value for Houses in Lara is $712,287 while the median value for Units is $466,748.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 111 properties listed for sale, and 17 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 441 properties were sold in the past 12 months in Lara.

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Shane King
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Joe Grgic
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Harcourts North Geelong
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