Sprawling Infill Development with Advantageous Permit - Mortgagee in Possession

6 Greenway Court
Wandana Heights

***** UNDER CONTRACT *****

Gross Waddell ICR is pleased to present for sale 6 Greenway Court, Wandana Heights. Being offered for sale as Mortgagee in Possession, this is a phenomenal opportunity to reap the benefits of the thoughtfully curated plans and permit, and the extensive work completed to date.

This prized landholding of 16,850 sqm* offers significant scope for an infill development opportunity (STCA) and is already permit approved for 55 residential dwellings.

Key highlights:

• Permit approved for 55 dwellings- providing significant savings in planning work, design refinement and holding costs already absorbed

• Rare 16,850 sqm infill landholding*, parcels of this scale rarely come to market in established, blue-chip Geelong suburbs

• Flexible GRZ1 zoning unlocking a variety of development outcomes including townhouses, retirement living or house and land packages (STCA), tailor the project to the market of the day

• Dual street access with entry from both Wandana Heights and Highton, providing outstanding design flexibility and staging potential

• Proven and performing market, Greater Geelong has been singled out as one of the country's hottest property markets, with Wandana Heights commanding a premium median house price of $965,000 (realestate.com.au)

• Unbeatable connectivity, merely 5.85 km* to Geelong's bustling waterfront and rapidly expanding CBD, with convenient access to the Geelong Ring Road linking Melbourne and the Surf Coast

• Surrounded by lifestyle and employment drivers, immediate access to Epworth Hospital and Deakin University, and moments from an abundance of retail amenities including Waurn Ponds Shopping Centre

• Elevated, tightly held locale, Wandana Heights is renowned for its leafy streetscapes, family appeal and enduring owner-occupier demand, underpinning strong end-product sales

Opportunities of this scale, with planning already secured, rarely present in established Geelong suburbs. Astute developers and land bankers should act quickly. For further information, a copy of the permit, or to arrange an inspection, contact the exclusive selling agents at Gross Waddell ICR today.

*approx.

Danny Clark

Managing Director - Head of Sales - Partner

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Alex Ham

Director - Sales - Partner

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Glenn Ye 叶格林

Head of Asian Markets

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Price

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