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3C, 220 Heales Road, Lara VIC 3212

For Sale

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$9M - $10M Medium Confidence Calculated based on our search observations.

Land 4.95 acres 2900 m²

Listed: 6 days ago

Updated: 7 hours ago

Overview

Situated within the burgeoning Geelong Ring Road Employment Precinct, this substantial industrial land site of approximately 20,039 square metres offers a rare opportunity for owner-occupiers or investors seeking a significant footprint. With a permit-approved development plan for a 2,900 square metre building designed for a Waste Management Depot, the property is primed for immediate industrial use, circumventing the uncertainties typically associated with planning approvals.

Part of the masterplanned Kinetic Lara estate, the site benefits from excellent connectivity just 1.2 kilometres from the M1 on-ramp, facilitating efficient access to key transport hubs including Avalon Airport, the Port of Geelong, and Melbourne's expansive western industrial network. The estate is supported by a 20-metre wide internal road network, engineered to ease heavy vehicle movements, an essential consideration for industrial logistics operations.

Generous street frontage enhances visibility and accessibility, fundamental for industrial activities requiring frequent transportation.
Essential services such as power, water, gas, and NBN connectivity are readily available, reducing infrastructure setup time and costs.
The surrounding established occupiers, including well-known logistics and service companies, underscore the site's strategic industrial positioning.
Titles for the land are anticipated in the first quarter of 2027, with flexible settlement terms to accommodate buyer requirements.
Eligible buyers may benefit from the Victorian Government Regional Commercial & Industrial Property Concession, potentially reducing stamp duty by up to 50%, enhancing the investment appeal.

This offering is ideal for businesses needing a substantial industrial base with the assurances of planning approvals already secured, and investors looking for long-term value in a strategically located industrial precinct. Prospective buyers are encouraged to conduct independent due diligence to verify all material aspects including measurements, zoning, and planning approvals to support informed decision-making.

Local Market Insights

In Lara, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $1,822,967. The property type mix of listed properties is predominantly Houses at 77%, followed by land (15%), and units (2%). The most active agency for land in the Lara area is currently Ray White, representing 33% of new listings, followed by Gartland with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.