Lot 1 & 12 Ascot Gardens Drive, Bonshaw, Ballarat, Vic
A 79,200 sqm* landholding at Lot 1 & 12 Ascot Gardens Drive, Bonshaw has been listed for sale by Stonebridge Property Group represented by Julian White and Chao Zhang, conjunction with Buxton Ballarat, represented by Mark Nunn. The development site has Urban Growth zoning is allocated for mixed use and medium density residential/ retirement living.
Situated in the high growth Ballarat West Precinct Structure Plan, the site forms part of the Major Activity Centre Precinct. This precinct of Ballarat has shown exceptional growth over the past 5-year period and is Australia’s fastest growing inland city with a 105% forecast population increase over 2020 to 2036.
The property is surrounded by numerous highly successful residential and retail/commercial developments and is adjacent the Delacombe Town Centre anchored by Woolworths and Kmart and opposite Bunnings Warehouse and Ballarat Lifestyle Centre.
According to Deep End Services, 1,290ha of land will be developed for new housing estates within Ballarat West, continuing to attract young families and 14,000 new dwellings will be established within a 5km radius, housing over 36,000 residents (forecast to 2050) illustrating high demand in the area.
“The large landholding combined with the relatively flat topography, prominent corner position and allocated uses make it an excellent proposition for development” said Stonebridge Partner, Julian White.
Lot 1 & 12 Ascot Gardens Drive, Bonshaw is for sale via Public Expressions of Interest closing Thursday 16th June 2022 at 2:00pm (AEST).