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292-320 Melaluka Road

Leopold, VIC 3224, Australia
$1.90m

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Area Price Guide
$1.79m$2.01m

Indicative price guide range

🏘️
72
Comparable
📊
$666,548
Area median
⚖️
+185%
vs median
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

An outstanding opportunity to acquire a significant parcel of land in one of Leopold's most promising growth corridors. This 40.75 acre site is located within the Leopold Structure Plan's "Investigation Area", making it well-positioned for potential future rezoning and development (STCA). The property also includes a 3-bedroom home, surrounded by established gardens-offering an immediate lifestyle or rental opportunity while land banking for the future. Key Highlights: * Strategic location just off Bellarine Highway * Moments from Gateway Plaza Leopold and under 15 minutes to Geelong CBD *Situated across from established residential zoning * Surrounded by major retailers including Kmart, Bunnings, and others Recent rezoning of nearby farming land on Ash Road to General Residential Zone (GRZ) reflects strong development momentum in the area Leopold's population currently exceeds 13,500, with projected growth of 35% over the next decade. This is a rare and strategic investment opportunity in a high-growth regional market with substantial future upside. Call Romy Gakhar on 0430 521 119 for further details!!! Disclaimer: Interested parties should conduct their own Due Diligence prior to making any offers. Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencechecklist

Property Features

    View full listing on Domain

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    Repayment calculator

    $9,211/month
    $4,606 /fortnight
    Loan $1,520,000 at 6.10% over 30 years

    Upfront costs

    Deposit$380,000
    Stamp duty$104,500
    Conveyancing (est.)$2,000
    Total upfront$486,500
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Listed
    1 month ago

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