2 Market Street, Geelong, Vic 3220-Image

For Sale

2 Market Street, Geelong, Vic 3220

$1,800,000

Residential Land

Type

593 m²

Area

Published on Friday, March 06, 2026 ( See property details for 2 Market Street, Geelong, Vic 3220)

$1,800,000

View the agent price guide.

Jim Cross - Real Estate Agent - McGrath - Geelong | Newtown

Jim Cross Principal

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Brock Buchanan - Real Estate Agent - McGrath - Geelong | Newtown

Brock Buchanan Sales Associate

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AI Property Insight

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

A prime 593m² vacant land parcel in Geelong's CBD offering exceptional redevelopment potential and flexible zoning options.

🏡 Property Highlights

Prime central location in the tightly held Geelong CBD
Large landholding of 593m² with 38m frontage to Market Street
Flexible ACZ1 zoning suitable for various development options
Impressive redevelopment potential with concept plans for 8 townhouses
Ideal for multi-use projects including residential, commercial, or mixed-use
Vacant land offered with vacant possession for immediate development

✨ Key Features

Waterfront / Views
Open-Plan Living
Balcony
Home Office / Study
Built-in Robes
Outdoor Area
Garage
Air Conditioning
Swimming Pool
Security Screens / Gates

Suburb and Property Insights of Geelong, VIC 3220

Geelong CBD offers a vibrant lifestyle with close proximity to retail, cafes, waterfront, and commercial amenities. The area is renowned for its strong growth prospects, diverse cultural scene, and excellent connectivity. This central location provides an outstanding opportunity for developers and investors seeking long-term value. The neighbourhood combines urban convenience with a dynamic community atmosphere, making it one of regional Victoria's most sought-after addresses.

Frequently Asked Questions

What types of development are permitted on this site?

The site has flexible ACZ1 zoning, allowing for multi-townhouse developments, mixed-use projects with commercial ground floors and residential above, or boutique residential or commercial developments subject to council approval.

Are there any existing plans or permits for development?

Concept plans for an 8-townhouse development have been prepared, but permits are not included. Further planning and approval are required for any development.

What is the condition of the land?

The land is vacant and offered with vacant possession, ready for immediate development.

Are there any restrictions or easements on the property?

Details regarding restrictions or easements are available upon request; prospective buyers should conduct their own due diligence.

What are the zoning regulations for this site?

The property is zoned Activity Centre Zone (ACZ1), which supports a range of commercial and residential development options, subject to council approval.

What to ask about this property to agent?

Are there any hidden costs or levies associated with developing this site? Has the land been tested for soil stability or contamination? Are there any planning or zoning restrictions that could limit development options? Is there any nearby construction or planned infrastructure projects that could impact the site? Are there any flood or bushfire risks in this area? What are the council requirements and approval processes for development? Are there any easements or rights of way affecting the property? Is the land suitable for the intended development in terms of access and services? Are there any strata or body corporate considerations if building multiple dwellings? What are the long-term growth prospects and market trends in Geelong CBD?

2 Market Street, Geelong, Vic 3220 - More Details

$1,800,000

Type: Residential Land
Area: 593 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

2 Market Street, Geelong, Vic 3220 - Point Of Interest

Locate Near By Places of 2 Market Street, Geelong, Vic 3220 On Map

Your Commute at a Glance: 2 Market Street, Geelong, Vic 3220

Email Enquiry To McGrath - Geelong | Newtown

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Jim Cross

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Brock Buchanan

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2 Market Street, Geelong, Vic 3220

$1,800,000

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