FOR SALE
$1,700,000 - $1,850,000

675-677 Geelong Road
Brooklyn VIC 3012

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1746m2
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Calling All Developers!

This is a rare opportunity to secure a fantastic parcel of land comprising 1,746 sqm (approx.) In a location that is second to none, close to all that Brooklyn has to offer. Including easy freeway access and only 12km approx to the Melbourne CBD as well as transport, Altona Gate Shopping Centre, schools, Altona & Williamstown Beaches, Yarraville & Footscray all within a few minutes drive. The Cherry on top is this multi-unit site comes with plans approved for 8 dwelling 3 bedroom luxury townhomes.
This is something we don't see very often, and one not to be missed. Currently occupied by 2 homes, each set on on over 880 sqm approx of land. This is a unique opportunity to secure a prime development site with a bright future.
A great investment opportunity with proven strong returns. All the hard work has been done for you:
• Town planning permit approved for 8 luxury townhomes
• Engineering drawings
• Soil report
The approved town planning allows for:
Townhouse 1: 15 sqs, 3 bed, 2 bath, double story, single lock up garage
Townhouse 2: 16 sqs, 3 bed, 2 bath, double story, double lock up garage
Townhouse 3: 16 sqs, 3 bed, 2 bath, double story, double lock up garage
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Property Details for 675-677 Geelong Rd, Brooklyn

675-677 Geelong Rd, Brooklyn is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1746m2. The place is currently for sale with Ray White Altona.

Building Type
House
Land Size
1746m2

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About Brooklyn 3012

The size of Brooklyn is approximately 5.5 square kilometres. It has 5 parks covering nearly 2.7% of total area. The population of Brooklyn in 2011 was 1,639 people. By 2016 the population was 1,863 showing a population growth of 13.7% in the area during that time. The predominant age group in Brooklyn is 30-39 years. Households in Brooklyn are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brooklyn work in a professional occupation. In 2011, 59.2% of the homes in Brooklyn were owner-occupied compared with 55.9% in 2016.

Brooklyn has 1,879 properties. Over the last 5 years, Houses in Brooklyn have seen a 14.32% increase in median value, while Units have seen a 15.76% increase. As at 31 July 2024:

  • The median value for Houses in Brooklyn is $803,204 while the median value for Units is $583,599.
  • Houses have a median rent of $530 while Units have a median rent of $485.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Brooklyn on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Brooklyn.

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Gus Anile
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Lyndon Springthorpe
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Ray White Altona
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