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7 Yooringa Ave

Norlane VIC 3214

707 m²
Land
Currently for sale - view listing

Overview

Approved Triple-Dwelling Development on 707m²

This is an exceptional opportunity that awaits builders, developers and astute investors seeking a ready-to-execute project in one of Geelong's most active growth corridors. Positioned on a substantial 707m² (approx.) allotment, this outstanding development site comes complete with endorsed plans and permits for three contemporary dwellings, allowing purchasers to bypass much of the time, cost and uncertainty associated with the planning process. Designed to appeal to the modern market, the approved development comprises a highly desirable mix of residences, including two spacious family-sized townhomes and a versatile two-bedroom dwelling. The thoughtfully designed floorplans offer strong owner-occupier and investor appeal, creating flexibility for future resale or rental strategies. The approved plans include: Unit 1 Contemporary double-storey residence with three bedrooms, open-plan living and garage. Unit 2 Stylish residence with two bedrooms, study, open-plan living and carport. Unit 3 Spacious double-storey three bedroom residence with multiple living zones, kids retreat and double garage. The architectural design embraces modern living, featuring open-plan layouts, generous accommodation, private open space and professionally designed landscaping to create an attractive and functional residential development. Located within a rapidly evolving pocket of Norlane, the property enjoys outstanding access to local schools, shopping centres, public transport, parklands, major employment hubs, access to the Geelong Ring Road and Princes Highway, providing seamless commuting to the Geelong CBD or Melbourne CBD. With continued population growth and infrastructure investment supporting the wider Geelong region, this is a compelling opportunity to secure a project with significant upside potential. With endorsed plans, permit extensions already in place and a development concept designed to meet strong market demand, opportunities of this calibre are becoming increasingly difficult to secure. Build immediately, landbank for the future, or capitalise on a ready-made development opportunity in a thriving growth location.

Features

707 m² lot size
Land

Property history for 7 Yooringa Ave

2018
Sold
$330,000
Auction Sale on 08 Jun 2018 by Joe Grgic, of Harcourts North Geelong

Happy sellers in Norlane

88%
88% of sellers in Norlane reported that their sale price either exceeded or met their price expectations.

Norlane stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Norlane over the last 12 months.

Local market activity for land plots in Norlane

In the last 12 months, 9 land plots similar to 7 Yooringa Ave, have been sold.

This represents a 28% decrease in land plots sales when compared to the previous 12 months.

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