Once-in-a-lifetime Development Opportunity
242-250 Grubb Road, Ocean Grove, VIC, 3226
Land Size: 2.21 Ha | 5.45 Acres
Price: Indicative Selling Range: $2,000,000-$2,200,000
Sale Type: For Sale
Nearest Town Centre: Nearest Regional Centre: Region: Geelong & District

Agents Comments:
This is a once-in-a-lifetime opportunity for developers! Seize the potential in this 5 acre (2.02Ha) coastal land parcel boasting rural views to Queenscliff and Port Phillip Bay. This highly desirable land is zoned General Residential Zone 1 and holds huge potential for subdivision (STCA).

-Future subdivision (STCA) with multiple allotments on the plan
-Demonstrated demand in connecting estates
-Intended connection to popular Oakdene and Kingston Estates with access to future infrastructure
-Existing homestead on site with rental potential
-Homestead offers; 4BRs, 2 bathrooms, 2 huge living zones, kitchen/meals, formal dining, sunroom
-Outdoor features include; carport, lock-up garage/shedding, established trees
-5 minutes to beaches, 20 minutes to Geelong, 90 minutes to Melbourne
-Inspect now and realise the massive potential of these coastal-rural acres
-A swift and savvy developer will enjoy the spoils!

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Once-in-a-lifetime Development Opportunity

  • Bedrooms: 4
  • Bathrooms: 2
  • Cars: 1