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Sold on 16 Feb 2024 for $1,025,000

50 Gillets Road
Lara VIC 3212

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6.69ac
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Property Details for 50 Gillets Rd, Lara

Building Type
Land
Land Size
6.69ac
Local Government
Greater Geelong
Lot/Plan
5/LP88938

Last Listing description (February 2024)

Nestled amongst neighbouring acreage properties of Lara, and conveniently between Melbourne (52kms) and Geelong (17kms), this remarkable property at Lot 5/50 Gillets Road offers an unrivaled chance to embrace a lifestyle of endless possibilities. With its expansive 6.69 acres of vacant land, you have the power to shape your own paradise!

On offer is 6.69acres / 2.657 hectares of Rural Living Zone (RLZ) flat land, with wide, tree-lined street frontage, and the ability to create from the ground up. Opportunities of this size are seldom found in this postcode due to zoning, so don't miss your opportunity to build your dream hobby farm, equine property, or future development site (STCA) only 20 minutes from the centre of Geelong.

- Your Dream Home Awaits:

Gillets Road is a dirt, no-through-road, with only two residents currently sharing the street. Surrounded by similar-sized lots and neighbours with the same desire for space, this block is ideal for anyone wanting to escape the confines of high-density living, and explore the sense of opportunity that a big piece of land can offer.

- Perfect Hobby Farm & Horse Haven:
For the nature enthusiast at heart, this property holds the potential to become the perfect hobby farm. Cultivate your own organic produce, indulge in sustainable living, and create cherished memories with your loved ones. Plus, horse lovers will find a haven for their equine companions, with ample space to for all our four-legged friends.

- Prime Location, Close to Everything:
Located close to Lara town, providing easy access to all amenities, restaurants, supermarkets, train station and both childcare and schools, it's a piece of rural heaven with the convenience of urban life. Commute into both Melbourne & Geelong is simple, with ready access to the Princes Freeway from nearby Beach Road, and Avalon airport only moments away when your trip takes you further afield.

- Land bankers will see the appeal of this positioning for future development & opportunity in one of Victoria's fastest-growing regions, and it's convenience to air, water & road transport options.

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Property History for 50 Gillets Rd, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$1,025,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $1,025,000
  • 28 Jul 2023
    Listed for Sale $950,000 - $1,050,000
  • 03 Nov 2022
    Listed for Sale $3,500,000 to $3,800,000
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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 10,784 properties.

    There are currently 88 properties listed for sale, and 13 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 421 properties were sold in the past 12 months in Lara.

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