OFF MARKET

190 Patullos Road
Lara VIC 3212

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 197m2
Land area: 20600m2
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Property Details for 190 Patullos Rd, Lara

190 Patullos Rd, Lara is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1978. The property has a land size of 20600m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1978
Floor Size
197m2
Land Size
20600m2
Local Government
Greater Geelong
Lot/Plan
14/LP92357

Last Listing description (November 2024)

This meticulously positioned lifestyle property in Lara offers enormous potential for growth and development, making it a perfect opportunity for investors, land bankers, and developers alike. The land is located in a highly sought-after area, with PSP-approved land across the road, ready for future development. This property combines the tranquility of rural living with proximity to major urban centres.

Property Features:
Rural Living Zoning,

Land Size: 2.06 hectares (approx.) of prime land .
House: Renovated 4-bedroom, 2-bathroom home ideal for immediate living or future rental.
Sheds: Large sheds for storage or work purposes, perfect for various business or recreational uses.

Settlement Terms: Flexible settlement terms, including long-term settlement options depending on offers.

Location Highlights:

Geelong City Centre: Only a 20-minute (approx.) drive away.
Avalon Airport: Just 12 minutes (approx.) by car.
Transport Links: Easy access to Melbourne and Geelong via regular train services.
Lara Town Centre: A short distance to local amenities, schools, and shops.

Surrounding Areas: Neighbouring major residential estates, including Austin, Coridale Estate by Villawood, and Bisnella.

Growth Potential: Situated near Northern and Western Geelong Growth Areas, some of the largest urban growth projects in regional Victoria.
This property is a rare find that offers immediate living, future growth potential.
Whether you are an investor, developer, or looking for a serene lifestyle property, this is an opportunity you do not want to miss!

Contact us today to arrange an inspection or to discuss this exciting opportunity further.

Disclaimer: While every effort has been made to ensure the accuracy of the information provided in this document, Luxury Real Estate Agents accepts no responsibility and disclaims all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are advised to conduct their own inquiries and verify the information contained herein. Additionally, it is recommended that purchasers refer to the due diligence checklist provided by Consumer Affairs, available at http://www.consumer.vic.gov.au/.

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Property History for 190 Patullos Rd, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$1,950,000
21 Aug 2022
Listed for Rent
$595/w
17 May 2019
  • 10 Oct 2024
    Listed for Sale PLEASE CONTACT AGENT
  • 21 Aug 2022
    Sold for $1,950,000
  • 26 Jul 2022
    Listed for Sale Contact Agent
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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 10,766 properties. Over the last 5 years, Houses in Lara have seen a 29.28% increase in median value, while Units have seen a 25.52% increase. As at 31 October 2024:

  • The median value for Houses in Lara is $709,289 while the median value for Units is $448,451.
  • Houses have a median rent of $550 while Units have a median rent of $430.
There are currently 110 properties listed for sale, and 20 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 461 properties were sold in the past 12 months in Lara.

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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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