32 Willis Street, Winchelsea, Vic 3241

$700,000 - $770,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
1,010 mΒ²
Area

Published on Thursday, July 09, 2026 ( See property details for 32 Willis Street, Winchelsea, Vic 3241)

$700,000 - $770,000

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

A prime development site in Winchelsea offering approved plans for four contemporary townhouses with immediate rental income and strong future growth potential.

🏑 Property Highlights

  • Ready-to-go four-lot subdivision with approved plans and permits
  • Existing residence generating immediate rental income of $440–$460 per week
  • Strategic development site with strong future rental potential of $500–$520 per week per townhouse
  • Thoughtfully designed with individual townhouse access via Willis Street
  • Significant groundwork completed, including architectural, landscape, and stormwater plans
  • Excellent investment opportunity in an emerging regional community

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Built-in Robes
  • Home Office / Study
  • Ceiling Fans
  • Open-Plan Living
  • Extra Storage (Shed/Linen)
  • NBN / High-Speed Ready
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32 Willis Street
Winchelsea, VIC 3241
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Vertical aerial view β€” 32 Willis Street
32 Willis Street — Vertical Aerial  •  Winchelsea, VIC 3241  •  Nearmap © 2026

Winchelsea is a growing regional township renowned for its affordability and lifestyle. It offers excellent access to Geelong, the Surf Coast, and local amenities, making it ideal for families and investors. The community is experiencing increased demand for quality housing, supported by ongoing growth and development. Its strategic location provides a perfect balance of rural charm and connectivity. Winchelsea’s emerging market presents a unique opportunity for savvy investors seeking substantial upside and sustainable living options.

What is the current condition of the existing residence on the property?
The existing residence is in a habitable condition and provides immediate rental income, with potential for future development.
Are there any restrictions or covenants associated with the approved subdivision plans?
All relevant planning and development approvals are in place; however, buyers should review specific covenants or restrictions with their legal advisor.
What are the estimated costs for completing the development?
While much groundwork has been completed, additional costs for construction, landscaping, and utilities should be considered; detailed estimates can be obtained from the developer or builder.
Is there any ongoing council or community planning activity that could impact the development?
The property has undergone significant planning work; however, prospective buyers should verify current council plans and zoning regulations.
What are the flood or bushfire risks associated with this property?
Potential risks should be assessed through local council or environmental reports; the property is located in a regional area with typical bushfire considerations.
Are there any hidden costs or additional fees associated with the subdivision and development process? Has the property been surveyed recently, and are there any easements or encumbrances affecting the land? Are there any existing or planned nearby developments that could impact the property's value or livability? Is the property compliant with all local building codes and zoning regulations for the proposed development? What are the long-term planning prospects for the Winchelsea area that could influence future value?

32 Willis Street, Winchelsea, Vic 3241 - More Details

$700,000 - $770,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
1,010 mΒ²

Price guide

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