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231-249 Bellarine Highway, Geelong VIC 3220

Auction: Auction - Reserve Price: $2,250,000

Search Band Search Visibility Band

$2.25M - $2.48M Low Confidence Calculated based on limited search observations.

Land 6.45 acres

Listed: 11 hours ago

Overview

Situated at the gateway to the Bellarine Peninsula, this expansive 2.612-hectare corner landholding along the Bellarine Highway in Moolap, Geelong, presents a rare opportunity for development. Its prominent location at the intersection of Bellarine Highway and Grinter Street ensures excellent highway exposure, catering to a diversity of uses including retail, commercial, accommodation, and quick-service restaurants.

The site benefits from significant daily traffic volume, approximately 34,000 vehicles passing through the Moolap section of the highway daily, enhancing visibility and accessibility for future enterprises. The property’s extensive 110-meter frontage along the highway further strengthens its commercial appeal.

Substantial freehold land sized approximately 26,120 square meters (2.612 hectares)
Serviced by essential utilities including electricity, gas, water, sewerage, and telephone, enabling seamless development opportunities
Strategically positioned about 7 kilometers east of the Geelong CBD, an area supporting nearly 300,000 residents
Proximity to established fuel, hospitality, vehicle, and marine businesses contributes to a vibrant commercial ecosystem

Given its size and location, the property is ideal for investors or developers looking to capitalize on high-traffic exposure with flexible zoning for mixed residential and commercial purposes. The auction method of sale reflects the demand and development potential vested in this commanding land parcel.

Comprehensive documentation including detailed information memoranda and due diligence materials are accessible upon request to support informed decision making.

Local Market Insights

In Geelong, Quiet Listings observed 36 new parcels of land entering the market over the last 30 days, down from 54 during the previous 30-day period, with an average advertised asking price of $1,556,167. The property type mix of listed properties is predominantly Houses at 77%, followed by units (8%), and land (6%). The most active agency for land in the Geelong area is currently Woodards Real Estate, representing 64% of new listings, followed by McFall Real Estate Ballan with 11%. 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.