This is that cash cow holding with endless possibilities that you have been waiting for. Two titles totalling 11991 sqm of development land already zoned residential just waiting for the that ingenious person to create land into money $$$$$$$
Set in a tranquil environment behind already developed allotments on the picturesque side of Balaklava adjacent to the Balaklava Race Course is where you will find this Prime piece of real estate.
It is not often that an opportunity of this calibre comes along for sale call Tracey today for further information.
The size of Balaklava is approximately 112.1 square kilometres. It has 10 parks covering nearly 1.2% of total area. The population of Balaklava in 2016 was 2048 people. By 2021 the population was 2083 showing a population growth of 1.7% in the area during that time. The predominant age group in Balaklava is 50-59 years. Households in Balaklava are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balaklava work in a labourer occupation.In 2021, 68.60% of the homes in Balaklava were owner-occupied compared with 70.80% in 2016.
Balaklava has 1,270 properties. Over the last 5 years, Houses in Balaklava have seen a 101.81% increase in median value, while Units have seen a 49.69% increase. As at 31 March 2026:
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