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128 Webb Road

Bonshaw VIC 3352

4
2
4
18700 m²
House
Currently for sale - view listing

Overview

Approved 29-Lot Subdivision Ready-to-Go Development with Holding Income

Opportunities to secure approved, ready-to-deliver subdivision projects in high-growth corridors are becoming increasingly rare and 128 Webb Road, Bonshaw represents one of the most compelling development offerings currently available in the Ballarat market. Set on approximately 4.7 acres within the rapidly expanding Ballarat West growth precinct, this property comes with an endorsed plan and planning permit for a 29-lot residential subdivision, allowing developers to significantly reduce approval timeframes and move directly toward delivery. In a market where delays, uncertainty and holding costs can erode returns, sites with approvals already in place are being secured quickly by buyers looking for efficiency, certainty and speed to market. This is a project where the groundwork has already been done allowing you to focus on execution. Adding further appeal is the presence of an existing four-bedroom, two-bathroom residence, positioned on a separate portion of the land, providing the ability to generate holding income or occupy the site while progressing development plans. This creates a rare combination of immediate usability and future upside. The surrounding area continues to experience strong growth, driven by ongoing infrastructure investment, expanding residential communities and increasing demand for housing in the Ballarat region. Positioned within the Ballarat West PSP, the site benefits from proximity to established amenities and future development, reinforcing its long-term value. Convenience is a key advantage, with Delacombe Town Centre, major retailers, schools and transport links all located just minutes away, while Ballarat's CBD and train station remain within easy reach ensuring strong end-buyer appeal for the completed project. For developers, this is a streamlined opportunity to secure a project with approvals in place and clear potential for strong returns. For investors, it represents a strategic landholding in a proven growth corridor with the flexibility to hold, lease or develop. Approved subdivision sites of this scale and location are tightly held and rarely brought to market particularly those offering immediate development potential. This is your opportunity to secure a ready-to-go project in a market where demand continues to outpace supply. Act quickly opportunities with approvals already in place are being secured fast by those ready to move.

Features

4 bedrooms
2 bathrooms
4 carspaces
18700 m² lot size
House

Property history for 128 Webb Road

2021
Sold
Undisclosed
Private Sale/Treaty on 11 Oct 2021 by Harinderjeet Singh, of Raine & Horne Land Victoria

Happy sellers in Bonshaw

94%
94% of sellers in Bonshaw reported that their sale price either exceeded or met their price expectations.

Bonshaw stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Bonshaw over the last 12 months.

Local market activity for 4 bedroom houses in Bonshaw

In the last 12 months, 48 four-bedroom houses similar to 128 Webb Road, have been sold.

This represents a 70% decrease in four-bedroom houses sales when compared to the previous 12 months.

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