Exceptional Landholding with Future Development Potential !!!

292-320 Melaluka Road,

Overview

  • Updated On:
  • March 17, 2026
  • Property Size
  • 41 ac
  • Region
  • Geelong & District
  • Suburb
  • Leopold

Description

An outstanding opportunity to acquire a significant parcel of land in one of Leopold’s most promising growth corridors. This 40.75 acre site is located within the Leopold Structure Plan’s “Investigation Area”, making it well-positioned for potential future rezoning and development (STCA).

The property also includes a 3-bedroom home, surrounded by established gardens-offering an immediate lifestyle or rental opportunity while land banking for the future.

Key Highlights:
* Strategic location just off Bellarine Highway
* Moments from Gateway Plaza Leopold and under 15 minutes to Geelong CBD
*Situated across from established residential zoning
* Surrounded by major retailers including Kmart, Bunnings, and others

Recent rezoning of nearby farming land on Ash Road to General Residential Zone (GRZ) reflects strong development momentum in the area
Leopold’s population currently exceeds 13,500, with projected growth of 35% over the next decade.

This is a rare and strategic investment opportunity in a high-growth regional market with substantial future upside.

Call Romy Gakhar on 0430 521 119 for further details!!!

Disclaimer: Interested parties should conduct their own Due Diligence prior to making any offers.

Due Diligence Checklist –
http://www.consumer.vic.gov.au/duediligencechecklist

Address: 292-320 Melaluka Road
City:
State/County:
Zip: 3224
Country: Australia

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Alia Kaur