BUILD A RESIDENTIAL GOLDEN OPPORTUNITY UPON THE PERMIT.
POINT OF INTEREST:
Available for sale via Expression Of Interest Closing Tuesday 8th October 2024 at 3pm.
A quietly thriving pocket of suburbia where the reviews are overwhelmingly positive, as soon as you turn off from the Princes Freeway, this bubble of residential opportunity has a developer’s ring to it. This vacant block of land sitting directly on Bacchus Marsh Road also has direct access to Rodbrough Reserve behind it, the ideal canvas for the townhouses the suburb currently has demand for. In saying that, there’s a permit in place for a 5-lot subdivision here already, posing 5x two-level townhouses ranging in size from 123-130 sqm*. Some works have been completed already like crossovers and a driveway, with ample parking available and eight schools within a 2 km* radius, including Geelong Grammar School sitting 3.3 km* away. Perfectly positioned between Palntatino and Purnell Roads, Corio Village Shopping Centre is also 690 m* down the road, while the local train station is 3.6 km* from here.
- 778 sqm* total land area.
- General Residential Zone - Schedule 4.
- Permit in place for 5 townhouses.
- Direct local reserve access and ample communal parking.
- 2 minute* drive to Corio Village Shopping Centre.
- 1 minute* walk to route 10 and 23 bus stops.
- 3.6km* to Corio railway station.
- 1 km* to Geelong Ring Road.
- 2.2km* to Princes Highway.
POINT OF VIEW:
A great developer will recognise the area’s growing popularity for families thanks to the schools, shopping centres, public transport and major highway access. A seasoned residential developer has already begun envisioning the vibrant, quality residential return on an opportunity like this.
*Approx.
Pricing excludes GST