86 Thorburn Street, Bell Park - VIC 3215

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86 Thorburn Street, Bell Park VIC 3215

$550,000 - $600,000

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$550k - $600k High Confidence Calculated based on strong search observations.

House 2 Beds 1 Bath 618 m²

Listed: 54 days ago

Overview

This sizeable 618sqm allotment stands out as a rare development opportunity in Bell Park, particularly suited for developers and investors looking to capitalize on a sought-after location. With proposed plans for two single-story dwellings already underway, the property offers a ready foundation for a thoughtful residential project, delivering both potential and convenience.

Situated amid a well-established neighborhood, the property benefits from close proximity to local amenities including the Hughes Street shops and Kardinia International College. This makes the location desirable not only for future residents but also attractive to tenants and homebuyers seeking a connected and accessible lifestyle.

The allotment’s generous size provides flexibility in development options, ideal for those looking to build quality homes while keeping in mind lifestyle considerations. Easy access to the Geelong Ring Road and short drive times to the Geelong CBD and waterfront further enhance the appeal, balancing residential convenience with commuter practicality.

While the current residence comprises two bedrooms and one bathroom, its key value lies in the development potential, offering an exceptional canvas for those with a vision for growth in this tightly held suburb. This site represents a strategic investment opportunity with the groundwork laid to unlock future value.

Local Market Insights

In Bell Park, Quiet Listings observed 31 new houses entering the market over the last 30 days, up from 26 during the previous 30-day period, with an average advertised asking price of $830,000. The property type mix of listed properties is predominantly Houses at 61%, followed by units (16%), and commercial properties (10%). The most active agency for houses in the Bell Park area is currently McGrath Estate Agents, representing 35% of new listings, followed by Harcourts with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.