A rare opportunity to secure a substantial residential development site in an established Brown Hill setting. Positioned across two separate titles with a combined landholding of approximately 2,277m², 94 Water Street offers excellent scope for developers, builders or investors seeking a sizeable infill site close to Ballarat's CBD.
Located within the General Residential Zone (GRZ), the property provides a strong foundation for a range of future development possibilities, subject to council approval and all relevant planning requirements.
The site offers an impressive footprint with approximately 37 metres of total street frontage and an approximate depth of 60 metres, providing a practical layout for exploring a variety of residential concepts. The land is predominantly flat, assisting with future site planning and construction considerations.
Mature trees are established towards the rear of the property, offering the potential to either incorporate existing landscaping into a future design or remove and reconfigure the site as required (STCA.)
Adding further versatility is the existing period weatherboard residence positioned on the smaller of the two titles. The home presents in solid condition and includes two bedrooms, two separate living areas, a functional kitchen and bathroom, plus a generous undercover outdoor area. The dwelling provides flexibility for those looking to generate holding income, occupy while planning future works, or consider its place within a broader development outcome (STCA).
Located in a convenient Brown Hill position, close to local amenities, schools, transport links and only minutes from Ballarat's CBD, this property represents an exciting opportunity to secure a large parcel of residential land in a well-established area.
Opportunities offering this combination of land size, dual titles, zoning and location are increasingly difficult to find. A property with genuine potential for those looking to investigate future development outcomes (STCA).
Ballarat's Best-Selling Team
