Mixed use zone, versatile property with potential galore (STCA)

11 acres, 4.5 ha (45,000 m2 approx.) ideal for Residential or Commercial Development, elevated accessible location in the centre of town, just across the road from the hospital and recent sub division of townhouses and units. With 4 street frontages and easy access from each road and super 360 degree views. An opportunity for someone to grab this sensational property site and turn it into a premiere residential or commercial building location. Previous permission (now expired) of planning development permits for 51 independent living units, 44 apartments (nursing home option) a medical centre, hotel & convention centre, retail shopping and educational facility. The time is now and the timing could not be better. With the road duplication going to happen and other major projects within the district about to progress. This exceptional land bank opportunity is conveniently located just a stroll away from the CBD and 2 hours drive from Melbourne via the freeway extension and just 50 mins from Ballarat. Developers, investors, builders act now on this unique chance to offer Ararat some superb building blocks (STCA)