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29 St Pauls Way
Bakery Hill, VIC 3350
$2,990,000 - $3,280,000
Overview
29 St Pauls Way, Bakery Hill
This prime real estate opportunity at 29 St Paul’s Way offers an exceptional development prospect with approved planning permits for 30 luxury townhouses. The site is perfectly positioned in the sought-after Bakery Hill area of Ballarat, providing a strategic location close to shopping, schools, transport, and parkland.
The property comprises two adjoining lots with comprehensive town planning, engineering, drainage, landscaping, and water contributions already completed, significantly reducing the development timeline and costs. The Residential Growth Zone 1 (RGZ1) designation supports the development of high-quality residential dwellings, making this an attractive proposition for astute developers.
The approved plans include 19 townhouses in the S2 section, with indicative prices ranging from $1.89 million to $2.08 million, and 11 townhouses in the S6 section, priced between $1.1 million and $1.2 million. These luxury residences are designed to appeal to discerning buyers seeking modern living in a premier location.
Residents will enjoy immediate access to a vibrant local community with cafes, shopping centers, galleries, and parklands just steps away. The proximity to Ballarat Primary School and several private schools enhances the appeal for families seeking prestigious and convenient living arrangements.
Key features of this property include:
- Approved planning permits for 30 luxury townhouses
- Completed town planning drawings and engineering/drainage works
- Endorsed landscaping plans
- Central Highland Water contributions fully paid
- Prime location near major amenities and attractions
This is a rare opportunity to acquire a development-ready site in one of Ballarat’s most desirable pockets. The combination of location, planning approvals, and completed infrastructure works provides a solid foundation for a successful residential project.
Developers and investors are encouraged to consider this property for its potential to deliver high-quality housing in a thriving community. The site’s strategic position and comprehensive approvals make it a standout offering in the current market.
For further information and to explore this exceptional opportunity, please contact the listing agents. This property represents a significant moment for those looking to capitalize on Ballarat’s growing residential market.
Location
Bakery Hill VIC 3350
Market Insights for Bakery Hill VIC 3350
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