255 Hannans RoadBalliang VIC 3340
Property Details for 255 Hannans Rd, Balliang
Last Listing description (October 2023)
Raine & Horne Land Victoria Proudly presents 278 acres in close vicinity of Bacchus Marsh, Geelong and Lara is foolproof opportunity for investors.
Balliang has the potential to be a regionally significant hub for agribusiness and industry. Proximity to the Bacchus Marsh Irrigation District and quick and easy access to the freeway. Balliang is suited not to a single agribusiness, but rather a range of mainly vertically integrated businesses that will drive local prosperity and employment growth. Likely occupiers include meat processing, feed lot/sale-yards, mushrooms, poultry, hydroponics and associated co-located industries.
As Melbourne grows to an expected population of seven to eight million people by 2050, it will need at least 60 per cent more food and research shows that if the city's footprint continues to grow, population growth and urban sprawl will reduce the capacity of Melbourne's food bowl to meet the city's food needs from 41 per cent to around 18 per cent by 2050.
Government is working with Breamlea and Balliang communities to develop business cases on the opportunities to use recycled water from Melbourne and Geelong. The greatest opportunity for development is at Balliang on the back of Western Waters Melton recycled water plant, which processes 40,000 megalitres of Class A water annually.
-Total Area - 277 Acres
-Farming Zone with Town water
- Bacchus Marsh Town | 15 minute drive
- Little River | 20minute drive
- Lara | 25 minute drive
- Avalon Airport | 30 minute drive
- Geelong 30 min (Approx.)
- Wyndham Vale | 25 minutes' drive
- Werribee | 35 minute drive
- Pacific Werribee Shopping Centre | 35 minute drive
Massive potential for the future with excellent Capital Growth. This is a property with endless opportunities.
Well suited to a diversity of purchasers including farmers, land bankers, investors (local & overseas) would be wise to inspect this property sooner rather than later.
Call Kevin Paghdar on +61 426 510 510 Or Harvir Hans +61 421 452 651 today for further enquiries.
Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 255 Hannans Rd, Balliang, VIC 3340
- 22 Sep 2023Sold for $3,800,000
- 18 Jan 2022Listed for Sale CONTACT AGENT
- 26 Aug 2020Listed for Sale Contact Agent
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About Balliang 3340
The size of Balliang is approximately 183.9 square kilometres. It has 1 park covering nearly 14.1% of total area. The population of Balliang in 2011 was 243 people. By 2016 the population was 294 showing a population growth of 21.0% in the area during that time. The predominant age group in Balliang is 10-19 years. Households in Balliang are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balliang work in a managers occupation. In 2011, 81.7% of the homes in Balliang were owner-occupied compared with 82.8% in 2016..
Balliang has 187 properties. Over the last 5 years, Houses in Balliang have seen a 76.94% increase in median value. As at 31 October 2024:
- The median value for Houses in Balliang is $1,075,015.
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