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1 Oconnell Street, Geelong West, Vic 3218 For Sale

1 Oconnell Street, Geelong West, Vic 3218

$899,000-$949,000

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings

Published on Thursday, September 24, 2026 ( See property details for 1 Oconnell Street, Geelong West, Vic 3218)

$899,000-$949,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile family home and development opportunity in a prime Geelong West location, offering potential for renovation or future development on a spacious corner block.

🏡 Property Highlights

  • Prime corner allotment in sought-after Geelong West
  • Generous 563 sqm (approx.) flat block with development potential
  • Original character with 12-foot ceilings and beautiful floorboards
  • Spacious living and dining areas ideal for renovation or reimagining
  • Excellent location within walking distance to Geelong Waterfront and CBD
  • Currently leased at $430 per week, offering immediate income

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage / Secure Parking
  • Floorboards
  • Secure Parking
  • Outdoor Area / Balcony
  • Waterfront / Views
  • Home Office / Study
  • Fully fenced

Geelong West is a vibrant and highly sought-after suburb renowned for its historic charm, lively café culture, and proximity to the waterfront. It offers excellent walkability, a strong community vibe, and convenient access to the CBD and transport links. The area is perfect for families, professionals, and investors seeking a dynamic lifestyle with ample amenities and future growth potential.

What is the current condition of the property and what renovations are possible?
The property features original floorboards and high ceilings, providing a solid foundation for renovation or reimagining to create a modern family home or investment property.
What are the development possibilities for this corner allotment?
Subject to council approval (STCA), the 563 sqm corner block offers significant potential for new builds, extensions, or multi-dwelling development, making it ideal for builders and developers.
Is the property suitable for investment purposes?
Yes, currently leased at $430 per week, the property provides immediate rental income and potential for capital growth in a highly desirable location.
Are there any planning restrictions or zoning considerations?
The property is situated within a key residential zone, with potential for development subject to local council regulations and approvals.
What amenities and lifestyle options are nearby?
The property is within walking distance to Geelong Waterfront, CBD, train station, and vibrant Pakington Street with cafes, restaurants, and boutique shopping.
Are there any planning or zoning restrictions that could limit development or renovation plans? What are the potential costs associated with renovating or extending the property? Are there any easements, covenants, or restrictions on the land? Has the property been affected by any flooding or bushfire risks? Are there any upcoming planning or construction projects in the area that could impact the property’s value or livability?

1 Oconnell Street, Geelong West, Vic 3218 - More Details

$899,000-$949,000

A rare opportunity awaits in the heart of sought-after Geelong West, where a family home and an outstanding development opportunity come together on a generous 563 sqm (approx.) corner allotment.

Ready to be polished to perfection or reimagined for the future, the existing residence offers three generous bedrooms, two bathrooms and spacious living and dining areas enhanced by impressive 12-foot ceilings and beautiful original floorboards. A large, functional kitchen provides a solid foundation for those looking to renovate and create their dream home.

Outside, the established rear garden offers plenty of space to extend, while the double carport adds valuable practicality.

The real attraction, however, is the location. From here, you're within easy walking distance of the stunning Geelong Waterfront, Geelong CBD and Geelong Train Station, while the vibrant cafés, restaurants, boutiques and lifestyle offerings of Pakington Street are just moments away.

Positioned on a flat 563 sqm (approx.) corner block within a key residential zone, this is an exceptional opportunity for homeowners, investors, renovators, builders and developers alike, with the potential to create something truly special STCA.

An ideal investment, currently leased at $430.00 per week.

A property with position, proportions and potential — limited only by your imagination.
Type
House
Bedrooms
3
Bathrooms
2
Parkings
2

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