113 Bankin Street
Learmonth, VIC 3352

Situated prominently on an elevated position in the picturesque township of Learmonth, this exceptional land parcel at 113 Bankin Street presents a rare opportunity to acquire a substantial allotment in a rapidly evolving and scenic region. The property offers a tranquil village ambiance with convenient pedestrian access to High Street, providing easy connectivity to local cafes and the township center. Additionally, the nearby lake foreshore, football ground, and the emerging town center are just moments away, while Ballarat is only a short 15-minute drive, and Lucas is accessible via the scenic Avenue of Honour.

Spanning approximately 1.04 acres (4,250 square meters), this fully serviced allotment boasts expansive views over Lake Learmonth and the surrounding countryside. The site overlooks a historic church, combining privacy, elevation, and distinctive character that is difficult to find elsewhere. Residents will also appreciate proximity to Lake Burrumbeet, a popular destination for water sports, and the Ballarat Racecourse, enhancing the lifestyle appeal.

This land offers exciting potential for subdivision or development, subject to council approval (STCA). The possibilities are extensive, whether building a dream home with ample space, pursuing a multi-lot development, or investing in a significant holding with the prospect of recouping the purchase cost over time. The area is experiencing significant growth and transformation, with major multimillion-dollar developments underway nearby, including new constructions on Bankin Street, along the lake, and across the road. The neighborhood is characterized by large, stately colonial-style homes, promising strong long-term value in a prestigious locale.

Enjoy easy access to the renowned Pyrenees wine region via the Sunraysia Highway, as well as Ballarat’s excellent schools, hospitals, universities, sporting facilities, theaters, and arts precinct. The upgraded train station and shuttle links provide direct connections to Melbourne, with travel time to Melbourne Airport (Tullamarine) approximately 1 hour and 20 minutes. This makes the property an ideal semi-rural base for professionals, families, or investors seeking a balance of lifestyle and convenience.

Opportunities of this scale and location are increasingly rare in Learmonth. Secure your piece of this sought-after lakeside township and invest in the future of this growing regional hub today.