OFF MARKET

514 Glenelg Highway
Winter Valley VIC 3358

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 122m2
Land area: 8951m2
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Property Details for 514 Glenelg Hwy, Winter Valley

514 Glenelg Hwy, Winter Valley is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 8951m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1980
Floor Size
122m2
Land Size
8951m2
Local Government
Ballarat
Lot/Plan
1/LP132353

Last Listing description (November 2023)

The phone enquiry code for this property is - 5539

Exceptional Development Opportunity in Winter Valley West Precinct Structure Plan.

Property Highlights:
Location: Winter Valley - A thriving community on Ballarat's doorstep.
Land Area: Approximately 8.951 m2. (2.20 acres)
Development Potential: Approximately 100% net development area.
Zoning: Approved under Ballarat West Precinct Structure Plan (PSP).
Uncover the Potential:
This prime development site is strategically positioned within walking distance of future retail shops, primary and secondary schools, Ballarat Link Road and the vibrant Delacombe town centre.
Lot in the vicinity: ranging from 350m2 to 500m2, with selling prices starting from $280,000, making it an attractive investment opportunity.
Residential :
A charming renovated 3-bedroom house with 1 living area and 1 bathroom is nestled on the property.
Additional amenities include 2 garages.
High clearance 15 long x10m wide shed with tank water and hard stand gravel driveways.
Town water and septic tank services available at the property.
Currently generating rental income at $2,200 per month.
Flexible settlement terms can be offered.
Location Advantages:
Just a 2-minute drive to the bustling Delacombe Town Centre.
Conveniently located, with a 9-minute drive from Ballarat Train Station and Ballarat Central.
Swift access to neighbouring Winterfield Estate & Conroy's Green Estate within 2 minutes.
Short distances to educational institutions: 4 minutes to Delacombe Primary School, 6 minutes to Ballarat Christian College, and an 8-minute drive to Loreto College.

Your Due Diligence Matters: We strongly recommend that interested parties conduct their due diligence. Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencec
Note: The information provided is for general reference and does not constitute any representation on the part of the vendor. This is a limited-time opportunity, so act now!

Property History for 514 Glenelg Hwy, Winter Valley, VIC 3358

A timeline of how this property has performed in the market
Last Sold
$670,000
11 Dec 2020
Listed for Rent
$550/w
06 Mar 2023
  • 13 Nov 2023
    Listed for Sale $1,950,000 - $2,100,000
  • 31 Jan 2023
    Listed for Rent $550 / week
  • 30 Jun 2022
    Listed for Sale Contact Agent
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About Winter Valley 3358

The size of Winter Valley is approximately 5.4 square kilometres. It has 4 parks covering nearly 0.9% of total area. The population of Winter Valley in 2011 was 4,932 people. By 2016 the population was 6,309 showing a population growth of 27.9% in the area during that time. The predominant age group in Winter Valley is 20-29 years. Households in Winter Valley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Winter Valley work in a trades occupation. In 2011, 72.5% of the homes in Winter Valley were owner-occupied compared with 71.5% in 2016.

Winter Valley has 4,391 properties.

    There are currently 72 properties listed for sale, and 30 properties listed for rent in Winter valley on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in Winter valley.

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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.