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

Secure a unique development opportunity in one of Regional Victoria's most affordable and emerging communities with 32 Willis Street, Winchelsea.

With plans and permits ready for a four-lot subdivision, this outstanding development opportunity allows purchasers to fast-track their next project. The proposed development has been thoughtfully designed with individual townhouse access via Willis Street, providing convenient and practical entry for future occupants, whether owner-occupiers or tenants. While preparing for construction, the existing residence offers immediate holding income with an estimated rental return of approximately $440–$460 per week, delivering an attractive combination of cash flow and future development potential.

Significant planning work has already been completed, including architectural plans, landscape plans and stormwater management documentation, allowing buyers to step into a project with much of the groundwork already in place. Designed for the construction of four contemporary townhouses, this is an exceptional opportunity to capitalise on the growing demand for quality housing within Winchelsea.

Upon completion of the proposed development, each townhouse is anticipated to achieve rental returns of approximately $500–$520 per week (indicative only), reflecting the strong rental demand across Winchelsea and the surrounding region.

Winchelsea continues to attract increasing attention from buyers, families and investors seeking affordability without compromising on lifestyle. Located approximately 30 minutes from Geelong, with easy access to local amenities, transport links and the Surf Coast, the township is experiencing continued growth and increasing demand for quality residential housing.

With limited development opportunities of this scale available, 32 Willis Street offers the chance to secure a strategic site with strong rental fundamentals, substantial future upside and a clear pathway to delivering a quality residential project.

Enquire today to secure further information and explore the possibilities this exceptional opportunity presents.

DISCLAIMER: Please note that all information provided by Jellis Craig is in good faith and derived from sources believed to be accurate and current at the date of publication. Jellis Craig acts as a conduit for this information and advises prospective purchasers to conduct their own inquiries. Jellis Craig will not be liable for any loss resulting from actions or decisions made in reliance on the provided information.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
1,010 mΒ²

Price guide

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