PRD Ballarat Level 1, 51 Lydiard Street South Ballarat, VIC, 3350 03 5331 1111
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7 Millbrook Road
bonshaw
VIC, 3352

$399,000 - $430,000

Land: 863 sqm

Investment Opportunity - Approx. 863m2

Nestled within the newly established Estate, this property offers a rare opportunity to create your dream project just 10 minutes from the vibrant Ballarat CBD.
Located near the emerging commercial hub in Bonshaw, this site is positioned for growth and convenience.

Key Highlights:
• Development Potential: (STCA) - Build two or three townhouses, or design the luxury home you've always envisioned.
• Flexible Zoning: Situated in the General Residential Zone Schedule 3, this property lends itself to various possibilities. Whether you're considering townhouses, a childcare centre, or even a medical facility, the options are vast.
• Promising Location: Set in the heart of Bonshaw, Victoria's fastest-growing regional suburb, this property places you at the epicenter of ongoing development. The future growth potential is significant, making it an ideal investment for developers and investors.

This is a rare opportunity for investors, first-home buyers, or owner-occupiers to secure a prime piece of land and bring their vision to life.

Ballarat's Best-Selling Team

Agents

Nearby Schools

About bonshaw

median house price

523750

median house rent

450

suburb rental yield

4.5%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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