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60 Elcho Rd

Lara VIC 3212

7
4
4
21500 m²
House
Currently for sale - view listing

Overview

5.3 ACRES. TWO HOMES. ONE STRATEGIC LARA HOLDING.

BEST OFFERS BY 13 SEPTEMBER UNLESS SOLD PRIOR Some properties are bought for the home. Others are bought for the land. 60 Elcho Road gives you both twice over. Positioned on approximately 5.3 acres (2.15ha) in Lara, this substantial holding combines two self-contained dwellings, seven bedrooms, four bathrooms, extensive shedding, a swimming pool and equestrian infrastructure with a location surrounded by one of Greater Geelong's significant growth areas. Live here. Bring the extended family. Generate income. Run your lifestyle from the property. Or secure approximately 5.3 acres and investigate what Lara's continuing expansion could mean for the land over the longer term. The owners have set a date. All genuine offers are invited by 13 September, unless sold prior. TWO HOMES. SEPARATE LIVING. This isn't simply a house with a granny flat. The property incorporates two self-contained dwellings, historically described as being separately metered and rated, creating genuine flexibility for larger and multi-generational households or investors. MAIN RESIDENCE The substantial main home provides: Four-bedroom configuration Two bathrooms Multiple living zones Renovated kitchen Generous family accommodation Ducted heating Refrigerated cooling Coonara wood heater Double-brick garage with internal access There's room to spread out without sacrificing the functionality needed for everyday family life. SECOND RESIDENCE Then there's an entirely separate accommodation proposition. The second dwelling provides: Three-bedroom configuration Two bathrooms Kitchen and central living area Car accommodation Solar system Parents. Adult children. Extended family. Guests. Or potential additional income. Few properties give buyers this amount of flexibility before you even consider the land. AND THEN THERE'S 5.3 ACRES. Approximately 21,489m² according to current property records. The improvements extend well beyond the two residences. There's substantial shedding and workshop/storage space. A horse paddock. Stable. Tack room. Multiple vehicle accommodation. Two driveway accesses. And an in-ground swimming pool for the warmer months. For families, tradies, horse owners and buyers simply wanting room around them, it's an enormous lifestyle proposition. BUT THE LOCATION MAY BE THE BIGGER STORY. Lara isn't standing still. The City of Greater Geelong is progressing planning for substantial growth through the Northern and Western Geelong Growth Areas, including precinct planning around Elcho Road. Council planning material identifies Elcho Road as an important part of the future transport network servicing growth in northern Geelong, with sections anticipated to require upgrades as development progresses. That makes a substantial acreage holding in this broader location worthy of attention from buyers taking a longer-term view. No representation is made that the subject property can be subdivided, rezoned or developed for any particular purpose. Buyers considering future development or land-banking potential must undertake their own planning investigations and due diligence. ONE PROPERTY. MULTIPLE BUYER PROFILES. The lifestyle buyer Approximately 5.3 acres, two homes, pool, shedding and room for horses. The extended family Two separate residences providing genuine separation while keeping generations on the same property. The investor Two accommodation components and a substantial underlying landholding. The land banker Approximately 2.15ha positioned in Lara while significant long-term planning and growth continues around the broader area. The tradie or business owner Substantial shedding, vehicle accommodation, land and multiple access points. That's why 60 Elcho Road deserves to be considered as more than simply another acreage home. PROPERTY HIGHLIGHTS Approximately 5.3 acres / 2.15 hectares Two self-contained dwellings Seven bedrooms combined Four bathrooms combined Multiple living areas Two driveway accesses Extensive garaging and shedding In-ground swimming pool Horse paddock Stable and tack room Solar to second residence Ducted heating and refrigerated cooling to main residence Convenient access towards Lara, Geelong and the Princes Freeway Strategic position within the broader northern Geelong/Lara growth environment THE DATE IS SET. Instead, we're inviting lifestyle buyers, families, investors and strategic land buyers to look at the entire proposition and determine what 5.3 acres + two residences + extensive infrastructure + this Lara position represents to them.

Features

7 bedrooms
4 bathrooms
4 carspaces
21500 m² lot size
House

Property history for 60 Elcho Rd

2022
Sold
$2,070,000
19 Sep 2022 by Param Randhawa, of LUXURY REAL ESTATE AGENTS
2022
Sold
$2,070,000
24 Mar 2022 by Param Randhawa, of LUXURY REAL ESTATE AGENTS
2021
Sold
$1,440,000
26 Apr 2021 by Karen Branch, of Lara Branch Realty

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