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5 Acres, Zoned Residential 1 - Outstanding Potential.
Rare five acre (2.02HA) opportunity of General Residential Zone 1 land which holds multiple lot subdivision potential (STCA), closely linked to The Parks Estate where high demand has previously been proven. Bordering Ocean Grove; set just blocks to shopping, minutes to the beach and 30 minutes to Geelong CBD – a location that rivals its current counterparts.
Existing dwelling offers 3 bedrooms plus study, 2 bathrooms alongside 2 living zones – perfect for high rental return whilst you wait. Property also includes a 2 car garage, 3 horse shelter, electric fencing and established grounds.
Developers take note; an opportunity hard to come by in an ascertained location with obvious desire.
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