Land for sale
2-4 Geelong Road,
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Exceptional High Profile Development Opportunity - Rare Highway FrontageAs you can see from our aerial photography, this exceptional block is one of the last remaining with over 40m of Surf Coast Highway frontage, it is currently on two titles measuring
As a standalone site, it has excellent road access and is located on a prominent gateway into Torquay and is proximate to all that Torquay has to offer. The zoning is General Residential 1 which allows a range of residential and virtual commercial uses such as medical centre, aged care facility, convenience shop and restaurant, even a petrol service station.
Ideally suited to a residential townhouse or apartment style development with outstanding views, it's noted that there is no maximum mandatory height stipulated however guidance would be taken from the surrounding neighbourhood.
This high profile location is only a short walk to the surf beach, local restaurants and shops, Torquay Hotel complex and the sporting facilities of Spring Creek Reserve & RACV Resort & Torquay Golf Club within extremely close vicinity.
Recent media reports state that according to the Victorian Valuer General, Torquay is emerging as one of the region's most popular areas among people buying property.
Torquay is a rapidly growing coastal town, only 20kms from Geelong and a little more than 1 hour's drive from Melbourne CBD, and is located at the start of the Great Ocean Road, which is one of Australia's premier coastal tourist routes.
The town has a long history as a seaside tourist location. Torquay is one of the few coastal towns in Victoria that has been designated for major urban expansion by state government planning policy. Of more recent times rapid population growth and housing development has seen it become more of a suburban growth area.
Torquay is located beside the world famous Bells Beach.
Capital growth potential is enormous
Last updated: 05:30PM on Oct 14th 2016