Gheringhap land under negotiation

NEGOTIATIONS are underway on the sale of a significant future employment landholding in Gheringhap with a number of parties.

The expression of interest period for a 133ha property at 732 Fyansford–Gheringhap Road, Gheringhap closed on Thursday 9 April.

With a prominent position within the adopted Gheringhap Structure Plan, about 21ha of the land had been identified for employment, commercial and industrial uses.

The site benefits from more than 1.6km of frontage to Fyansford–Gheringhap Road and more than 1.1km to the Midland Highway.

It is adjacent to rail line and about 8km from the Geelong Ring Road, 14km from the Port of Geelong and 27km from Avalon Airport.

Colliers senior sales executive Chris Nanni said a national campaign was conducted for the property.

“Geelong is one of Australia’s fastest-growing regional cities, and that growth is driving sustained demand for new employment land,” he said.

“Gheringhap sits at a critical interface between Geelong and the major growth areas of Bannockburn and Batesford, making it a natural extension point for future development.

“Golden Plains Shire has consistently identified Gheringhap as a long-term employment and infrastructure precinct, particularly for larger, land-intensive uses that can’t be easily accommodated within urban Geelong. Opportunities of this scale within that framework are increasingly rare.”

Tim McIntosh, Colliers national director for retail middle markets, said the Midland Highway frontage is a “key differentiator”.

“As traffic volumes and employment activity increase through this corridor, there is clear potential for highway-oriented commercial and restricted retail uses, including large-format showrooms and service-based retail that complement the employment precinct,” he said.

“This is a location where commercial uses can grow alongside industrial activity, forming a highly visible and functional gateway employment hub for Geelong.”

Nick Saunders, Colliers national director for industrial and logistics, said: “Greater Geelong is experiencing a tightening supply of zoned industrial land, particularly for sites that offer genuine scale.

“This property stands out as a long-term industrial land banking opportunity, aligned with the structure plan and supported by freight connectivity essential for logistics, warehousing and service-industrial users.”