A rare opportunity to purchase a larger than average allotment of 1188m2 in Geilston Park, well suited to multiple dwellings (subject to council approval).
The total land size is approximately 1188m2 and an easement runs down the southern side prohibiting any improvements on this component.
The Usable building area is approximately 710m2 with the additional area very suitable to the required off street parking for any multiple dwelling scenario. The 710m2 alone is sufficient for planning scheme compliance for 2 dwellings, the easement area of 480m2 allowing a greater feel of space. This opportunity will not last long, please Contact Ben for any further information.
The size of Geilston Bay is approximately 7.3 square kilometres. There are 14 parks, covering nearly 22.4% of the total area. The population of Geilston Bay in 2016 was 3050 people. By 2021 the population was 3461 showing a population growth of 13.5% in the area during that time. The predominant age group in Geilston Bay is 30-39 years. Households in Geilston Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geilston Bay work in a professional occupation.In 2021, 81.50% of the homes in Geilston Bay were owner-occupied compared with 80.70% in 2016.
Geilston Bay has 1,636 properties. Over the last 5 years, Houses in Geilston Bay have seen a 21.93% increase in median value, while Units have seen a 19.45% increase. As at 31 July 2026:
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