10B Grove Street, Lake Wendouree, Vic 3350

$995,000 - $1,075,000

Residential Land
Type
479 m²
Area

Published on Friday, August 14, 2026 ( See property details for 10B Grove Street, Lake Wendouree, Vic 3350)

$995,000 - $1,075,000

Michael Darken Senior Portfolio Manager/Investment Advisor
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to secure a premium parcel of land in the highly sought-after Lake Wendouree, perfect for building a luxurious custom home in a prestigious location.

🏡 Property Highlights

  • Premium 479m² allotment in a prestigious Lake Wendouree address
  • Exceptional location close to Lake Wendouree and scenic walking tracks
  • Surrounded by quality homes and established streetscapes
  • Ideal for building a luxury family or executive residence
  • Close to renowned schools including Ballarat Grammar and St Patrick's College
  • Easy access to hospitals, cafés, sporting facilities, and the CBD

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Built in robes
  • Ensuite
  • Outdoor Area
  • Secure Parking
  • Water tank
  • High energy efficiency
  • Floorboards
  • Alarm system

Lake Wendouree is one of Ballarat's most desirable suburbs, renowned for its picturesque lake, scenic walking tracks, and vibrant community. The area offers excellent access to top schools, healthcare facilities, and recreational amenities, making it ideal for families and professionals seeking a prestigious lifestyle. Surrounded by quality homes and established streetscapes, it provides a perfect blend of tranquility and convenience, ensuring long-term value and a sophisticated living environment.

What are the planning and building regulations for this land?
The land has established access and excellent building potential, with services readily available, making it suitable for custom residential development in accordance with local planning regulations.
Are there any restrictions or covenants on building in this area?
Specific covenants or restrictions may apply; it is recommended to consult with the local council or a planning professional to confirm any building covenants or overlays.
What is the process for obtaining permits and approvals to build?
The process involves submitting a development application to the local council, ensuring compliance with zoning and building codes, and obtaining necessary permits before construction begins.
Is the land suitable for a specific type of home, such as a luxury or family residence?
Yes, the allotment is ideal for building a luxury family home or an executive residence, offering ample space and a prestigious location.
What utilities and services are available for this land?
Services are readily available, including water, electricity, and sewerage, with established access simplifying the building process.
Are there any hidden costs or additional fees associated with developing this land? Has the land been tested for soil stability and suitability for construction? Are there any easements, covenants, or zoning restrictions that could impact building plans? Is the property located within a flood or bushfire risk zone? Are there any upcoming planning or development proposals in the area that could affect the property's value or lifestyle?

10B Grove Street, Lake Wendouree, Vic 3350 - More Details

$995,000 - $1,075,000

Opportunities of this calibre are exceptionally rare. Positioned in one of Ballarat's most prestigious and tightly held locations, 10B Grove Street, Lake Wendouree presents an outstanding opportunity to secure a premium parcel of land and build your dream home in a sought-after lifestyle setting.

Set on approximately 479m², this superb allotment offers the perfect canvas for a luxurious custom residence, allowing buyers the freedom to design and create a home tailored to their individual vision and lifestyle. Whether you're looking to build a contemporary masterpiece, an elegant family home, or a sophisticated downsizer, this prime parcel provides endless possibilities in an enviable location.

What truly sets this property apart is its exceptional position. Nestled within the heart of Lake Wendouree, one of Ballarat's most coveted suburbs, you'll enjoy the lifestyle benefits that come with living just moments from the lake, picturesque walking tracks, renowned schools, sporting facilities, cafés, and the vibrant Ballarat CBD.

Surrounded by quality homes and established streetscapes, this is a location synonymous with prestige, convenience, and long-term value. Enjoy morning walks around Lake Wendouree, easy access to Ballarat Grammar and St Patrick's College, nearby hospitals, and some of Ballarat's finest dining and recreational amenities, all within minutes of your doorstep.
With services readily available and easy site access already established, the hard work has been done, allowing you to focus on bringing your dream home to life.

Premium land in Lake Wendouree is becoming increasingly difficult to secure, making this an exceptional opportunity for owner-occupiers, downsizers, and discerning buyers seeking a blue-chip address with lasting appeal.

Price Guide: $995,000 - $1,075,000

Don't miss this rare chance to secure a premium allotment in one of Ballarat's most exclusive locations and create a lifestyle that is second to none.

Property Highlights
• Premium 479m² (approx.) allotment
• Prestigious Lake Wendouree address
• Rare opportunity to build in a tightly held blue-chip location
• Ideal for a luxury family home or executive residence
• Surrounded by quality homes and established streetscapes
• Moments from Lake Wendouree and its picturesque walking tracks
• Close to Ballarat Grammar, St Patrick's College, and major amenities
• Easy access to hospitals, cafés, sporting facilities, and Ballarat CBD
• Established access and excellent building potential
• Exceptional lifestyle and long-term investment appeal

A rare landholding in one of Ballarat's most desirable locations, 10B Grove Street offers the opportunity to build something truly special in the heart of Lake Wendouree.

Ballarat's Best-Selling Team
Type
Residential Land
Area
479 m²

Price guide

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