Sprawling Infill Development with Advantageous Permit - Mortgagee in Possession
6 Greenway Court
Wandana Heights
16850m2
Land/Development
***** 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.
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