High-potential residential site hits the market

An exciting opportunity has arisen to secure a prime piece of residential land ripe for mixed-use development in the highly sought-after suburb of Highton.

140-150 Colac Road and 246-248 South Valley Road is a combined 3.54ha site that offers exceptional exposure and frontage to two of the busiest roads in Geelong.

The general residential-zoned land has concept plans for 101 townhouses and 64 apartments with a childcare centre and a medical facility, which are subject to planning approval.

Located directly opposite the Waurn Ponds shopping precinct and just minutes away from the Highton Village shopping precinct, Deakin University, Epworth Hospital and the Geelong Ring Road, this property is perfectly positioned to take advantage of the area’s strong growth.

Colliers Geelong is selling this property by expressions of interest, which close June 8.