145 Harriott Road, Charlemont VIC 3217

Property Details: • Type: House

• Bedrooms: 4 • Bathrooms: 2

Description: This property represents a rare, large-scale landholding in a location where residential development is no longer speculative it is actively occurring around it. Surrounded by completed estates, approved subdivisions, and land already earmarked for imminent delivery, the site sits within a proven residential expansion corridor of Greater Geelong's southern growth area. Development potential why this site stacks up The land's size, shape, and positioning lend themselves to future subdivision or staged residential development, subject to council approval. Comparable parcels in the immediate area have already transitioned through rezoning and subdivision, setting strong planning and density precedent. Key development fundamentals include: Logical estate interface with neighbouring residential developments, including the adjoining Haymont Estate, enabling efficient future integration Strong depth and frontage suitable for internal road design, lot yield optimisation, and staged delivery (STCA) Opposite open space frontage to the revitalised Sparrovale Wetland, enhancing future lot appeal and resale values Surrounding estates demonstrating consistent lot absorption and buyer demand, validating end-product feasibility Importantly, parcels of this scale are increasingly scarce as surrounding land is fragmented into smaller residential lots. Control of land in an already-developed corridor is where future margin is created, not on fringe or unproven sites. Yield & end-value rationale (STCA) Based on nearby estate outcomes, the site presents clear potential for a multi-lot residential outcome, subject to planning approvals and detailed design. Comparable developments in Charlemont have delivered strong buyer demand from owner-occupiers, upgraders, and investors seeking proximity to Geelong, the Surf Coast, and established amenities. This positions the property as: A medium-term land bank A future subdivision project Or a strategic acquisition ahead of formal planning uplift Infrastructure & amenity already in place Unlike fringe land, this location benefits from existing and operational infrastructure, reducing long-term holding risk: Retail and services at The Village Warralily Established education precincts Connectivity to the Geelong Ring Road and future transport upgrades This is a site where timing risk is materially lower, because the surrounding community has already been delivered. Why opportunities like this are tightly held Once land reaches this stage of surrounding development, owners typically retain control until rezoning or subdivision is secured. Opportunities to acquire sizeable parcels before that final uplift are rare and often transacted quietly. Serious buyers will immediately recognise the planning logic and strategic upside here.