196 Bacchus Marsh Road, Corio, Vic 3214

$550,000 - $600,000

Residential Land
Type

Published on Wednesday, September 09, 2026 ( See property details for 196 Bacchus Marsh Road, Corio, Vic 3214)

$550,000 - $600,000

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

A permit-approved, ready-to-develop residential land offering five townhouses in a prime growth area, ideal for builders, investors, and developers.

🏡 Property Highlights

  • Permit-approved development site with plans for five contemporary townhouses
  • All lots are separately titled, enabling individual sale or development
  • Significant site work already completed, reducing development time
  • Designed to maximise site potential for owner-occupiers, investors, and downsizers
  • Opportunity to develop and sell individually or retain as a long-term investment
  • Ideal for builders, developers, and investors seeking a ready-to-go project

✨ Key Features

  • Development Highlights
  • Approved permit for 5 townhouses
  • Endorsed plans available for inspection
  • Significant site work already completed
  • Separate titles for all lots
  • Potential for individual sale or long-term investment
  • Attractive residential development opportunity
  • Located in an established growth market
  • Time-saving compared to starting planning from scratch
  • Ready-to-progress development site

Corio is a thriving suburb in Victoria known for its strong growth prospects and family-friendly community. It offers excellent amenities, including schools, shopping centres, and parks, making it highly desirable for residents. The area benefits from good transport links and proximity to Geelong, providing convenient access to employment hubs. With ongoing development and infrastructure improvements, Corio presents a promising opportunity for investors and homeowners alike. Its established infrastructure and growth trajectory make it an attractive location for future living and investment.

What is the current zoning and land use designation for this property?
The property is zoned for residential development, with approved plans for five townhouses, allowing for a straightforward development process.
Are there any restrictions or covenants attached to the land?
The land has approved permits and endorsed plans, with no known restrictions that would impede the development of the approved townhouse project.
What is included in the sale of this development site?
The sale includes the permit approval, endorsed plans, and all relevant documentation, with the site ready for development.
Is there any ongoing or planned infrastructure development in the area?
Corio is an established growth suburb with ongoing infrastructure improvements, enhancing its appeal for future residents and investors.
What are the potential costs involved after purchase?
Potential costs include construction, council fees, and any additional site-specific works, but the permit approval significantly reduces planning costs.
Are there any hidden costs or additional fees associated with the development approval or permits? Has the land been surveyed recently, and are there any easements or encumbrances affecting the site? Are there any known environmental issues or site contamination concerns? What are the local council’s future development plans that might impact this site? Is there any planned infrastructure or roadworks that could affect access or construction timelines? Are there any restrictions on building height, design, or density imposed by local planning regulations? Has the land been tested for soil stability and suitability for residential construction? Are there any strata or community title considerations for the individual townhouses? What are the flood or bushfire risks associated with this location? Are there any nearby construction projects or developments that could impact the property’s value or living environment?

196 Bacchus Marsh Road, Corio, Vic 3214 - More Details

$550,000 - $600,000

An outstanding opportunity for builders, developers and investors to secure a permit-approved development site with plans for five contemporary townhouses.
All lots are separately titled already!
With the planning process already completed, this property provides the opportunity to move forward with greater certainty and significantly reduce the time and holding costs normally associated with obtaining development approval.

The approved development has been designed to maximise the potential of the site while creating a highly marketable residential project ideally suited to future owner-occupiers, investors and downsizers.

Development Highlights
· Approved permit for 5 townhouses
· Endorsed plans available for inspection
· Significant site work already completed
· Excellent opportunity for builders, developers or investors
· Potential to develop and sell individually or retain as a long-term investment
· Attractive residential development opportunity in an established growth market
· Save considerable time compared with commencing the planning process from scratch

With approved development sites becoming increasingly difficult to secure, this represents an excellent opportunity to acquire a ready-to-progress five-townhouse project.

Contact the selling agent today for further information, approved plans, permit documentation and details regarding the sale.

Map & nearby places — 196 Bacchus Marsh Road, Corio, Vic 3214

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