OFF MARKET

75 Frontage Road
Lake Bolac VIC 3351

Bedrooms: -
Bathrooms: 2
Car spaces: -
Land area: 2819m2
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Property Details for 75 Frontage Rd, Lake Bolac

Building Type
Commercial
Year Built
1980
Land Size
2819m2
Local Government
Ararat
Lot/Plan
4/LP148989

Last Listing description (April 2016)

Excellent cropping and grazing 450 acre property at Lake Bolac in Western Victoria. Can also be sold in 150 acre or 250 acre lots.
Currently 350 acres is under crop, Canola and Barley, balance is grazing merino sheep. Also approx 10 acres of Radiata Pine plantation shelter belts planted 28 years ago.
One section is 5kms east of Lake Bolac, and the other is on the west, adjacent to the Lake Bolac township. In Victoria areas of 100+ acres qualify for construction of a domestic (rural residential) dwelling.

Ideal property for a Self Managed Superannuation Fund investor, rural lifestyle, wanting to increase their farming area, or just starting out. Possible future subdivision potential for town extension to the west where the property commands spectacular water views.
The township has a P-12 College and kindergarten, with bus service. Bush Nursing Centre, visiting doctors and health service providers.
The town is situated at the intersection of the Glenelg Highway which runs between Ballarat and Hamilton, and the north-south Ararat to Warrnambool Hopkins Highway. It is adjacent to the large fresh water Lake Bolac popular for fishing, sailing and water sport activities. The area is one of the fastest growing towns in Western Victoria.
Price on application

Property History for 75 Frontage Rd, Lake Bolac, VIC 3351

A timeline of how this property has performed in the market
Last Sold
$17,500
01 Feb 1986
  • 28 Mar 2015
    Listed for Sale PRICE ON APPLICATION
  • 01 Feb 1986
    Sold for $17,500

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About Lake Bolac 3351

The size of Lake Bolac is approximately 265.3 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Lake Bolac in 2011 was 478 people. By 2016 the population was 335 showing a population decline of 29.9% in the area during that time. The predominant age group in Lake Bolac is 50-59 years. Households in Lake Bolac are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lake Bolac work in a managers occupation. In 2011, 75% of the homes in Lake Bolac were owner-occupied compared with 74.7% in 2016.

Lake Bolac has 283 properties.

    There are currently 5 properties listed for sale, and no properties listed for rent in Lake bolac on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Lake bolac.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.