9 First Avenue
St Leonards, VIC 3223

Set on a generous block in a tightly-held pocket of St Leonards, this property is being sold purely for its underlying land value, presenting a genuine developer's opportunity with significant potential as the area continues to evolve.

St Leonards has become one of the most promising growth corridors on the Bellarine Peninsula, driven by demand from buyers who are priced out of Geelong and Melbourne but seek a lifestyle that offers coastal access and long-term capital growth. The suburb benefits from ongoing infrastructure investments, including upgrades to the marina and foreshore precinct, as well as a thriving café culture that enhances the community atmosphere.

The area is attracting increasing interest from developers who are reshaping the streetscape with modern townhouse and unit projects, making this a rare chance to secure a site in a location primed for the next stage of growth and transformation.

This property offers a strategic landholding for developers or investors looking to capitalize on the area's upward trajectory. The block size of 650 square meters provides ample space for redevelopment or new construction, subject to council approvals.

With its proximity to coastal amenities, recreational facilities, and the growing local economy, St Leonards represents a compelling investment opportunity. Buyers can expect to benefit from the suburb's rising profile and the increasing desirability of the Bellarine Peninsula as a lifestyle destination.

This listing is ideal for those seeking a foothold in a dynamic market with strong growth fundamentals. The property's location within a tightly-held pocket ensures exclusivity and potential for future value appreciation.

Overall, this landholding offers a unique proposition for developers and investors aiming to participate in the ongoing transformation of St Leonards, combining lifestyle appeal with solid investment prospects.