Burrumbeet Lot 4 Modesty Lane

For Sale $1,300,000 - $1,400,000

Tightly Held Burrumbeet Land Opportunity Of Approx. 224 Acres

PRD Ballarat is excited to offer this once in a lifetime opportunity to secure this parcel of land with huge potential.

Lot 4 Modestly Lane Burrumbeet sits on the south side of the Western Highway on the southwest corner with a frontage of 1,178 metres to the Western Highway & 707 metres approx. to the lane. Although the site predominantly captures west & east bound traffic, it can be accessed from a median break to the front of the property.

This 90.65 hectares (approx. 224 acres) in the past has been leased on a month-by-month basis. The property is located between Lake Burrumbeet & Learmonth, with lovely vistas of Mount Bolton and has a desirable north facing aspect.

The property is zoned farming under the Pyrenees Shire planning scheme, which allows the right to build a family home (STCA) - being more than 80 hectares, along with permissible use for a well-positioned service station - permit required. VicRoads have already constructed a 'rest stop' with entrance & exit ramps abutting this subject site, creating an exciting prospect for the sale of this one-titled allotment.

So, whether you decide to build on this cleared site, or consider something with major significance, this property with proximity being a 20-minute drive to Ballarat & Beaufort or 75 minutes to Melbourne CBD and international airport.

This site sits within an estimated 700 mm (27-inch) reliable rain belt, with arable & productive grey loam soil with two stock dams (a decommissioned bore) and four fenced paddocks- the perfect scenario for prime cropping rotation, grazing of livestock, hay production or whatever rural pursuit you have in mind.

Register your interest with Chris Leonard on 0409 0409 23 for private inspection. Terms of sale are a 10% deposit with settlement due in 90 plus days.

** FOR ALL INSPECTION TIMES, PLEASE CONTACT THE AGENT DIRECTLY***
**Prior to booking an inspection time we kindly ask that you check https://www.coronavirus.vic.gov.au/case-alerts-public-exposure-sites . If you have been at a site listed during the exposure date and time we ask that you do not attend an inspection time until cleared by Vic health. Thank you **


Get to know Burrumbeet

Burrumbeet is a rural village on the Western Highway, adjoining the northern shore of Lake Burrumbeet and 20 kilometres north-west of Ballarat. Burrumbeet has become a local recreation venue with its New Year's Day race meeting, the ski and boat club on Lake Burrumbeet, a recreation reserve and a caravan park.

Read more about Burrumbeet

For Sale
$1,300,000 - $1,400,000

Vacant Land (Residential)

Contact

Share This Property

Open Times

Please contact Chris Leonard to arrange an appointment.