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52-58 Moorabool Street, Geelong VIC

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Properties / Buy / Victoria / Geelong

Development Potential

1. Property Summary

Property Type

Commercial, Mixed Use

Sub Type

Office, Retail/Shopping Centre, Land Site

Land Area

950 m² (*approx)

Zoning

Zoned Activity Centre

Local Government

City of Greater Geelong

Selling Method

EOI: Contact Agent

EOI Closing Date

3 Dec 2024 12:00PM

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2. Property Highlights

A rare three street frontage opportunity

Metres from Geelong Waterfront
Located in the heart of the CBD

This brilliantly located site offers a rare opportunity to secure a prime Geelong CBD site for future development (STCA). Geelong is one of the fastest growing regional cities in Australia and is the second largest city in Victoria.

The property is zoned Activity Centre allowing for a multitude of potential uses. It currently comprises four separate titles totaling 950m2 (approximate) of prime land.

Bounded by three streets it is very unique indeed. Moorabool Street bounds the eastern boundary, Corio Street the south boundary and Gore Place fronts the western boundary.

Population growth is very strong, currently at 289,272 in 2024 and to grow to 396,388 by 2041 (approximately 37% increase). By 2050 it is expected to climb as high as 500,000.

Infrastructure improvements such as the West Gate Tunnel Project and the mooted Fast Train from Geelong to Melbourne will only serve to accelerate this growth.

Being divided between Melbourne and the Surf coast and the Bellarine adds to the attraction of living in and doing business in the Greater Geelong area.

Geelong was referred to as “The Pivot” in the 1860’s, owing to it being a rail and shipping hub for Western Victoria. This is no less true today.

Development Potential

1. Property Summary

Property Type

Commercial, Mixed Use

Sub-type

Office, Retail/Shopping Centre, Land Site

Land Area

950 m² (*approx)

Zoning

Sourced by DistrictData

Zoned Activity Centre

Local Government

Sourced by DistrictData

City of Greater Geelong

Selling method

EOI: Contact Agent

EOI Closing Date

3 Dec 2024 12:00PM

Add to calendar

2. Property Highlights

A rare three street frontage opportunity

Metres from Geelong Waterfront
Located in the heart of the CBD

The property is zoned Activity Centre allowing for a multitude of potential uses. It currently comprises four separate titles totaling 950m2 (approximate) of prime land.

Bounded by three streets it is very unique indeed. Moorabool Street bounds the eastern boundary, Corio Street the south boundary and Gore Place fronts the western boundary.

Population growth is very strong, currently at 289,272 in 2024 and to grow to 396,388 by 2041 (approximately 37% increase). By 2050 it is expected to climb as high as 500,000.

Infrastructure improvements such as the West Gate Tunnel Project and the mooted Fast Train from Geelong to Melbourne will only serve to accelerate this growth.

Being divided between Melbourne and the Surf coast and the Bellarine adds to the attraction of living in and doing business in the Greater Geelong area.

Geelong was referred to as “The Pivot” in the 1860’s, owing to it being a rail and shipping hub for Western Victoria. This is no less true today.

Development Potential