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75 West Gateway
Lara VIC 3212

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Land area: 5ac
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Development Opportunity in Lara West PSP

Raywhite Tarneit proudly presents 75 West Gateway, Lara VIC 3212. The 5 Acres parcel located in Approved Lara west precinct structure plan.
Set in the Lara West Growth pocket currently rezoned to UGZ6 (Urban growth Zone - Schedule 6), PSP Approved, said to be one of Geelong's most significant growth areas is an opportunity to land bank a 5 acre allotment for the development.
Set in the Lara West precinct where it is proposed to include 4650 homes on 390ha, plus schools, parkland, shops and transport services. The development in the area is on a full swing.
Current home offers 3 bedrooms , 2 bathrooms, 2 separate living zones, 2 car garage. Additional carport for more cars and shedding, undercover verandah outdoor sitting, perfect to achieve high rent return while achieving capital growth.
KEY FEATURES
• Approved Lara West PSP
• Potential 35 lot subdivision (STPA)
• Lara Train Station 8 Mins
• Close to the new Manzeene Village Estate.
• Close to Parkview Estate, Austin Estate, Coridale Lara by Villawood.
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Property Details for 75 West Gateway, Lara

Building Type
Land
Land Size
5ac

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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 10,787 properties.

    There are currently 92 properties listed for sale, and 14 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 411 properties were sold in the past 12 months in Lara.

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