45 Gillets Road, Lara, VIC 3212 | Commercial for sale | OnTheHouse
 
FOR SALE
EOI closes on 24th May 2025!

45 Gillets Road
Lara VIC 3212

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 220m2
Land area: 36.69ac
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LAST REMAINING STRATEGIC INVESTMENT OPPORTUNITY IN LARA OPPOSITE AVALON EMPLOYMENT PRECINCT!!!

Raine & Horne Land Victoria proudly presents a unique sale of 36.69 acres approx. prime land situated right opposite to Avalon Airport AND Rural Living Zone with multiple dwellings. The Geelong region is experiencing significant growth, as outlined in the G21 Regional Growth Plan, which forecasts an increase in population, employment opportunities, and tourism over the next four decades. Lara is strategically positioned to accommodate a portion of this growth. The area's designation for greenfield urban expansion under the Greater Geelong Planning Scheme aligns with broader regional development goals. This includes the development of new residential, commercial, and community infrastructure designed to support a growing population.
This rare opportunity is perfectly positioned on the Princes Hwy with huge frontage and right opposite the combined $4.3 Billion industrial estate announced by the MAB Corporation And Livv Developments right next to Avalon Airport. This brilliant property offers you the opportunity to professionally train and run it as a trial track that brings in a great weekly income or keep it as a private facility just for your own purpose.
Part of investigating area for future transport connection lara and avalon!!!
Greater-Avalon-Employment-Precinct-Pitching-Sessions: https://vpa-web.s3.amazonaws.com/wp-content/uploads/2023/04/Greater-Avalon-Employment-Precinct-Pitching-Sessions-Summary-March-2023.pdf
Rare Property Features
• 515.7m of frontage to Princes Hwy
• 500m track approved by Greyhound Racing Victoria
• There is a rare 159 dog permit
• 90 race kennels in addition 32 breaker kennels
• 4x100m working yards plus 4 empty out yards
See MoreView Statement of Information

Property Details for 45 Gillets Rd, Lara

Building Type
Commercial
Floor Size
220m2
Land Size
36.69ac
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About Lara 3212

The size of Lara is approximately 89.5 square kilometres. It has 45 parks covering nearly 6.7% of total area. The population of Lara in 2016 was 16355 people. By 2021 the population was 19014 showing a population growth of 16.3% in the area during that time. The predominant age group in Lara is 30-39 years. Households in Lara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lara work in a professional occupation.In 2021, 76.10% of the homes in Lara were owner-occupied compared with 75.10% in 2016.

Lara has 12,196 properties. Over the last 5 years, Houses in Lara have seen a 30.56% increase in median value, while Units have seen a 39.80% increase. As at 31 October 2025:

  • The median value for Houses in Lara is $758,545 while the median value for Units is $509,646.
  • Houses have a median rent of $560 while Units have a median rent of $470.
There are currently 110 properties listed for sale, and 18 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 748 properties were sold in the past 12 months in Lara.

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Kevin Paghdar
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Rizul Sharma
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Raine & Horne Land Victoria
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