Permit Ready For Construction & Subdivision
Located in sort after South Geelong, this 1011m2 approx. allotment is ripe for the picking. Current planning permit in place for 2 lot subdivision and construction of 2 separate offices of approx. 370m2 each plus carparking. Alternatively, this Mixed Use precinct can cater for the development (STCA) of High Density Residential, Offices, Warehousing, Commercial Uses and Recreational Activities.
??? Zoned Mixed Use ??? High Density
The size of South Geelong is approximately 2.5 square kilometres. It has 7 parks covering nearly 16.4% of total area. The population of South Geelong in 2011 was 907 people. By 2016 the population was 986 showing a population growth of 8.7% in the area during that time. The predominant age group in South Geelong is 20-29 years. Households in South Geelong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Geelong work in a professional occupation. In 2011, 62.3% of the homes in South Geelong were owner-occupied compared with 59.2% in 2016.
South Geelong has 1,199 properties. Over the last 5 years, Houses in South Geelong have seen a 29.27% increase in median value, while Units have seen a 12.49% increase. As at 31 October 2024:
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