94
Water
Street
brown hill
VIC,
3350
$675,000
2
1
1
Land: 2277 sqm
Rare 2 Title Development Site
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
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About brown hill
median House price
655000suburb growth
4.0%median House rent
450suburb rental yield
3.6%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
