32 Willis Street

Winchelsea VIC 3241

1010 m²

House

Currently for sale - view listing

Overview

Plans & permits ready | four-townhouse development opportunity

Secure a unique development opportunity in one of Regional Victoria's most affordable and emerging communities with 32 Willis Street, Winchelsea. With plans and permits ready for a four-lot subdivision, this outstanding development opportunity allows purchasers to fast-track their next project. The proposed development has been thoughtfully designed with individual townhouse access via Willis Street, providing convenient and practical entry for future occupants, whether owner-occupiers or tenants. While preparing for construction, the existing residence offers immediate holding income with an estimated rental return of approximately $440–$460 per week, delivering an attractive combination of cash flow and future development potential. Significant planning work has already been completed, including architectural plans, landscape plans and stormwater management documentation, allowing buyers to step into a project with much of the groundwork already in place. Designed for the construction of four contemporary townhouses, this is an exceptional opportunity to capitalise on the growing demand for quality housing within Winchelsea. Upon completion of the proposed development, each townhouse is anticipated to achieve rental returns of approximately $500–$520 per week (indicative only), reflecting the strong rental demand across Winchelsea and the surrounding region. Winchelsea continues to attract increasing attention from buyers, families and investors seeking affordability without compromising on lifestyle. Located approximately 30 minutes from Geelong, with easy access to local amenities, transport links and the Surf Coast, the township is experiencing continued growth and increasing demand for quality residential housing. With limited development opportunities of this scale available, 32 Willis Street offers the chance to secure a strategic site with strong rental fundamentals, substantial future upside and a clear pathway to delivering a quality residential project. Enquire today to secure further information and explore the possibilities this exceptional opportunity presents. DISCLAIMER: Please note that all information provided by Jellis Craig is in good faith and derived from sources believed to be accurate and current at the date of publication. Jellis Craig acts as a conduit for this information and advises prospective purchasers to conduct their own inquiries. Jellis Craig will not be liable for any loss resulting from actions or decisions made in reliance on the provided information.