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427 Remembrance Drive, Cardigan, VIC 3352, 0 Bedrooms, 0 Bathrooms, Section

Expression of Interest

427 Remembrance Drive, Cardigan, VIC 3352

136298m2
SectionListed on Tue Feb 4

Cardigan Possible development opportunity on the fringe of Ballarat (STCA).

This property presents a unique and promising future development opportunity on the fringe of Ballarat, within the Western Growth Corridor.

With its size, zoning, and strategic location, it could attract interest from developers, investors, farmers, or those looking to create a rural lifestyle.

Key Highlights

1. Strategic Location

? Located in Ballarat's Western Growth Corridor, the property is surrounded by zones

with significant development potential.

? Proximity to schools, amenities, and just 11 km from Ballarat's CBD adds further value.

? High demand for residential and rural lifestyle allotments in the area.

? Excellent exposure with a 240 metre street frontage

2. Development Potential (STCA)

? Bordered by Comprehensive Development Zone (CDZ) to the east and Low-Density

Residential Zone (LDRZ) to the west, indicating potential for residential or lifestyle

developments (subject to council approval).

? Multiple income opportunities, whether through development, farming, or leasing.

3. Property Features

? 33.68 acres (13.63 hectares) of fertile land with a 240-metre road frontage.

? Well-fenced paddocks suitable for cropping, cattle, or horses.

? Existing large family home with 5 bedrooms, 2 bathrooms, and multiple living areas,

and a character-filled design.

? Ample shedding for machinery, workshops, or storage, complementing rural and

development uses.

4. Infrastructure

? Mains gas, town water, and tank water connected.

? Sectioned paddocks for farming and potential equestrian use.

5. Lifestyle Features

? Poplar-lined driveway leading to the home.

? Established gardens and flexible indoor spaces for family living.

? Natural light-filled kitchen and cosy living options with gas heating and a wood fire.

6. Development Considerations:

? The property is currently zoned and used as farming land and will require rezoning or

planning permits for residential or rural living developments.

? Its location within a growth corridor and proximity to urban amenities could make it a

viable candidate for future rezoning.

Call to Action

This rare opportunity, perfect for land banking, farming or development in accordance with the City of Ballarat's guidelines, is available through Expression of Interest, closing at 4 pm on Friday the 21st of March 2025. For further details or private inspections, contact Luke Veal on 0438 302 805

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Lucas Primary School
3.99 km
Primary
Prep-6
Government
icsea: 1046
Ballarat High School
7.19 km
Secondary
7-12
Government
icsea: 1012

Property history

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Cardigan surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
45 Whites Road, Cardigan
0.39 km
3
2
-m2
Year 2025 Month 01 Day 29
$670,000
Council approved
11 Maggie Court, Mitchell Park
2.33 km
0
0
-m2
Year 2024 Month 12 Day 05
$810,000
Council approved
143 Crown And Sceptre Road, Cardigan
2.08 km
3
1
-m2
Year 2024 Month 11 Day 05
$1,225,000
Council approved
LOT 2/18 McGrath Terrace, Cardigan
1.08 km
0
0
-m2
Year 2024 Month 10 Day 22
$482,500
Council approved
12 McGrath Terrace, Cardigan
1.09 km
0
0
-m2
Year 2024 Month 09 Day 04
$480,000
Council approved

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Ref:R2-3852511Last update:2025-02-05 04:25:25