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Overview
525 Forest Road North, Lara VIC
This unique property offers approximately 138 acres of prime land located in Lara, Victoria, with stunning views of the You Yang Ranges. Positioned adjacent to the Avalon Growth Corridor boundary, this landholding presents significant future growth potential within one of Lara's fastest expanding corridors.
The Geelong region, including Lara, is undergoing substantial development as part of the G21 Regional Growth Plan, which anticipates increased population, employment, and tourism over the next four decades. Lara is strategically placed to accommodate a portion of this growth, supported by its designation for greenfield urban expansion under the Greater Geelong Planning Scheme. This plan facilitates the development of new residential, commercial, and community infrastructure to support a growing population.
The Lara West Precinct Structure Plan (PSP) is designed to house approximately 11,000 residents in around 4,000 new homes. This plan includes a $37 million investment in roads, community facilities, and sports grounds. Additionally, it features an employment area expected to generate 300 jobs, a central hub with amenities supporting 185 ongoing positions, three new schools, community services, sports facilities, parklands, walking trails, and other essential infrastructure.
Key property features include:
- Land size of approximately 138 acres, zoned for farming.
- Convenient access to major transport routes including the Princes Freeway, Geelong Ring Road, and Bacchus Marsh Road.
- Close proximity to Lara township, offering a vibrant community atmosphere.
- Approximately 10 minutes to Avalon Airport.
- Approximately 20 minutes to Geelong city centre.
- Approximately 35 minutes from some of Australia's premier surf beaches.
- Approximately 40 minutes to Melbourne CBD.
- Nearby major residential estates such as Austin, Coridale Estate by Villawood, Manzeene Village by Dacland, and Bisnella.
- Excellent long-term land banking opportunity with strong future growth potential.
This property is ideal for investors or developers seeking a substantial landholding in a rapidly growing region with excellent connectivity and future urban development prospects. Interested parties are encouraged to conduct their own due diligence prior to making any submissions, as particulars provided are for general information only and do not constitute any representation by the vendor or agent.
For further enquiries, please contact the listed agents.
Additional information and due diligence resources are available through the Victorian consumer website.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Lara VIC 3212
Market Insights for Lara VIC 3212
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