427 Remembrance DriveCardigan VIC 3352
Property Details for 427 Remembrance Dr, Cardigan
427 Remembrance Dr, Cardigan is a 0 bedroom, 0 bathroom House. The property has a land size of 136298m2.
Last Listing description (February 2025)
This property presents a unique and promising future development opportunity on the fringe of Ballarat, within the Western Growth Corridor.
With its size, zoning, and strategic location, it could attract interest from developers, investors, farmers, or those looking to create a rural lifestyle.
Key Highlights
? Located in Ballarat's Western Growth Corridor, the property is surrounded by zones
with significant development potential.
? Proximity to schools, amenities, and just 11 km from Ballarat's CBD adds further value.
? High demand for residential and rural lifestyle allotments in the area.
? Excellent exposure with a 240 metre street frontage
2. Development Potential (STCA)
? Bordered by Comprehensive Development Zone (CDZ) to the east and Low-Density
Residential Zone (LDRZ) to the west, indicating potential for residential or lifestyle
developments (subject to council approval).
? Multiple income opportunities, whether through development, farming, or leasing.
3. Property Features
? 33.68 acres (13.63 hectares) of fertile land with a 240-metre road frontage.
? Well-fenced paddocks suitable for cropping, cattle, or horses.
? Existing large family home with 5 bedrooms, 2 bathrooms, and multiple living areas,
and a character-filled design.
? Ample shedding for machinery, workshops, or storage, complementing rural and
development uses.
4. Infrastructure
? Mains gas, town water, and tank water connected.
? Sectioned paddocks for farming and potential equestrian use.
5. Lifestyle Features
? Poplar-lined driveway leading to the home.
? Established gardens and flexible indoor spaces for family living.
? Natural light-filled kitchen and cosy living options with gas heating and a wood fire.
6. Development Considerations:
? The property is currently zoned and used as farming land and will require rezoning or
planning permits for residential or rural living developments.
? Its location within a growth corridor and proximity to urban amenities could make it a
viable candidate for future rezoning.
Call to Action
This rare opportunity, perfect for land banking, farming or development in accordance with the City of Ballarat's guidelines, is available through Expression of Interest, closing at 4 pm on Friday the 21st of March 2025. For further details or private inspections, contact Luke Veal on 0438 302 805
Property History for 427 Remembrance Dr, Cardigan, VIC 3352
- 04 Feb 2025Listed for Sale Expression of Interest
- 21 Feb 2023Listed for Sale Contact Agent
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0About Cardigan 3352
The size of Cardigan is approximately 36.5 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Cardigan in 2011 was 645 people. By 2016 the population was 745 showing a population growth of 15.5% in the area during that time. The predominant age group in Cardigan is 10-19 years. Households in Cardigan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cardigan work in a professional occupation. In 2011, 92.1% of the homes in Cardigan were owner-occupied compared with 93.2% in 2016.
Cardigan has 747 properties. Over the last 5 years, Houses in Cardigan have seen a 44.89% increase in median value, while Units have seen a -3.94% decrease. As at 31 January 2025:
- The median value for Houses in Cardigan is $937,133 while the median value for Units is $491,030.
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