107 Ballarat-Cargnham Road
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About this property
Colliers Ballarat is pleased to present 107 Carngham Road Winter Valley to the market for sale. This is a great opportunity for the development of a neighbourhood shopping centre to service the needs of the fast-growing community of Winter Valley, Lucas, Delacombe and other adjoining suburbs. The property, zoned Urban Growth (UGZ) is 3,326 square metres with a frontage of nearly 49 metres and a depth of 78 metres. It is offered for sale shovel ready and has a planning permit approved for the construction of a 14 retail shops with a total building area of 1,050 square meters. Access to the land is via an already constructed service road and crossover. Adjoining and surrounding the land is a range of new and proposed developments to meet the demands of a growing population including service station, childcare, government services and more. There is also a new Coles upmarket proposed just a little further down the road. Winter Valley on the western fringe of Ballarat is a rapidly growing area. The property is surrounded by new housing estates that are being built out and Carngham Road is the major road artery for access to the rest of Ballarat from this suburb. Key Features: Land 3,326m²* Permit approved for 14 shops over 1,050m2 Rapidly growing residential area Fronting busy arterial road Zoned Urban Growth (UGZ) Shovel ready For further information or to arrange an inspection, please contact Colliers Agents: David Wright | 0418 518 353 Travis Hurst | 0423 388 932 - *Approximately
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Land Area
- 3326 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Winter Valley
This house in Winter Valley, VIC 3358 sits within reach of public transport, local shops local amenities. It is listed 321% above the $582,501 median of 64 comparable houseswithin 5 km.
What's nearby
- Wiltshire Lane/Whitelaw Ave (bus) — 1.5 km away
- Foodary — 1.1 km away
- Unnamed — 652 m away
- Unnamed — 745 m away
- Unnamed — 779 m away
Winter Valley at a glance
Full suburb profile- Population
- 3,440
- Median age
- 29
- Household income
- $2,013/wk
- Median rent
- $390/wk
- Median mortgage
- $1,600/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Winter Valley price trend
Median sold · House 4 bed
Compound growth +1.7% / yr over 4 yrs
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Full Winter Valley marketThis listing
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