Lot 1 - Lot 12 Ascot Gardens DriveBonshaw

Buxton Ballarat and Stonebridge Property Group are pleased to present for sale a mixed use and medium density residential/retirement living development site at Lot 1 & 12 Ascot Gardens Drive, Bonshaw, Ballarat. Situated on a 79,200 sqm* landholding with a total frontage of 630 m* to Ascot Gardens Drive and Cherry Flat Road, the property has Urban Growth zoning and is allocated within the Ballarat West Precinct Structure Plan as Mixed Use and Medium Density Residential or Retirement Living, and forms part of the Major Activity Centre Precinct. The property is also adjacent to the Delacombe Town Centre anchored by Woolworths and Kmart and is opposite Bunnings Warehouse and Ballarat Lifestyle Centre. Key highlights of the property include: + Large 79,200 sqm* corner landholding zoned Urban Growth Zone + Within the Ballarat West Precinct Structure Plan, the land use allocations are Mixed Use and Medium Density Residential or Retirement Living, forming part of the Major Activity Centre Precinct + Adjacent the Delacombe Town Centre anchored by Woolworths and Kmart and opposite Bunnings Warehouse and Ballarat Lifestyle Centre + This precinct of Ballarat has shown exceptional growth over the past 5 year period, with the property surrounded by numerous highly successful residential and retail/commercial developments + The Ballarat West Growth Area is forecast to grow by an average 6.0% per annum (2022 to 2036)1 + High exposure and accessibility with a total frontage of 630 m* to Ascot Gardens Drive and Cherry Flat Road + Rectangular and relatively flat landholding, making for efficient development Source: 1https://forecast.id.com.au/ballarat/about-forecast-areas?WebID=500 *Approximate Lot 1 & 12 Ascot Gardens Drive, Bonshaw, Ballarat is for sale via Public Expressions of Interest closing Thursday 16th June 2022 at 2:00pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Buxton Ballarat and Stonebridge Property Group.