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Apollo Bay 252 Acres Land For Sale

Property Type:Commercial
Address:Barham River Road
Apollo Bay, VIC 3233
Price: $7,000,000

Property Description

 

An exciting opportunity has arisen for a major development in Apollo Bay with the highly regarded and well known Buchanan property coming onto the market. This property presents a unique opportunity for investors to acquire one of the few remaining large tracts of private land along the Great Ocean Road available for development. The majority of land along and surrounding the Great Ocean Road is National Park and the small villages have very limited opportunities for expansion due to the restrictions imposed on Public Land and reserves.

The site is located approximately 3km south west of the Apollo Bay Township and 195 km from Melbourne CBD. Famous Great Ocean road and Twelve Apostles are close by.

Apollo Bay is also serviced by an all weather airport with a short 30 minutes flying time by light aircraft from Melbourne. The airport is located just beyond the southern boundary of the Buchanan property.

Total landholding comprises approx. 252 Acres and located within the identified rural Activity Zone (RAZ). With this zoning in place, a permit can be sought for tourism development of the site.Victoria Government and Local council encourage and are willing to provide with such projects.

Suggested Development project Key Elements

1. Accommodation;

   I : 200 + rooms Resort Hotel (with Restaurant, Conference          Facilities, Pool)

   II : Day Spa and associated well being services

   III:  Apartment Accommodation Units (10 Approx.)

 2.18 holes Golf course and Driving Range

 3. Native Wildlife Sanctuary

 4. Vineyard

 5. Walking Trail and Lookout

 6. Mountain/BMX Bike Track

 7. Fishing

 

Approval for Tourism Development

To undertake the type of use and development outlined, a planning permit application will be required to be made to the Colac Otway Shire Council. Applications will be subject to notice requirements and there are rights for appeal of Council’s decision. It is recommended that prior to application lodgement; discussions are held with the State Government and the Council.