FOR SALE
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45 Gillets Road
Lara VIC 3212

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 220m2
Land area: 36.69ac
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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
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Property Details for 45 Gillets Rd, Lara

Building Type
Commercial
Floor Size
220m2
Land Size
36.69ac

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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 10,751 properties. Over the last 5 years, Houses in Lara have seen a 30.80% increase in median value, while Units have seen a 29.55% increase. As at 30 September 2024:

  • The median value for Houses in Lara is $711,474 while the median value for Units is $457,228.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 106 properties listed for sale, and 22 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 431 properties were sold in the past 12 months in Lara.

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Kevin Paghdar
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Rizul Sharma
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Raine & Horne Land Victoria
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