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Overview
565 Bacchus Marsh Road
This exceptional property is situated on a rare 1.48-hectare (approximately 14,838 square meters) allotment within the Urban Growth Zone (UGZ), offering a unique combination of lifestyle living and significant long-term investment potential. Located on the boundary of the Lara West Precinct Structure Plan (PSP), it is positioned in one of Victoria's fastest-growing residential corridors, making it a prime opportunity for future development and growth.
The property provides a peaceful semi-rural environment while maintaining excellent convenience, being just minutes away from schools, shopping centers, Lara Train Station, Avalon Airport, and the Princes Freeway, which offers easy access to both Melbourne and Geelong.
The well-maintained family home features multiple living zones and modern finishes, designed to accommodate a comfortable lifestyle. Additionally, there is a separate bungalow on the property, which is ideal for extended family members, a studio, or a home office, providing flexible living options.
Key features of the property include:
- Spacious 1.48-hectare land parcel within the Urban Growth Zone (UGZ)
- Bordering the Lara West PSP, which includes plans for future schools, parks, retail outlets, and housing developments
- A comfortable four-bedroom family home with two bathrooms
- An open-plan kitchen, living, and dining area complemented by two additional living spaces
- A separate bungalow or studio offering versatile use
- A workshop or shed and a double remote-controlled garage for ample storage and parking
- Split-system heating and cooling for year-round comfort
- Roller shutters enhancing security and privacy
- Quick and easy access to the M1 freeway, Lara Station, and Avalon Airport
Future potential for this property is significant, as it is located within the Northern Geelong Growth Area, a major government-backed precinct expected to accommodate substantial development. This presents an exceptional land-bank opportunity with strong prospects for future development, subject to council approval (STCA).
This property represents a rare find in the area, offering lifestyle benefits today with promising growth and development opportunities for tomorrow. It stands as one of Lara's most compelling real estate opportunities, combining spacious living, strategic location, and future potential in a sought-after growth corridor.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Lara VIC 3212
Market Insights for Lara VIC 3212
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