435 Elcho Road, Lovely Banks

750+ RESIDENTIAL LOTS (STPA) | A SIGNIFICANT GEELONG DEVELOPMENT OPPORTUNITY

Core Land is pleased to exclusively present 435 Elcho Road, Lovely Banks — a substantial residential development opportunity within the Northern Geelong Growth Area.

Spanning approximately 40.46 hectares, with an anticipated yield of 750+ residential lots (STPA), the property offers the scale to create a masterplanned community within the tightly-held Geelong greenfield market.

Zoned Urban Growth Zone and positioned within the Elcho Road West PSP, where preparation of the PSP has commenced, the landholding will benefit significantly in the short-medium-term from infrastructure delivery and precinct activation from adjoining developers – particularly those within the Elcho Road East PSP, which is expected to be approved in the near-term.

The location combines access to established amenities in Lara and established Geelong, with connections to Geelong’s CBD, Melbourne and major regional employment centres. The Princes Freeway, Corio Railway Station and Avalon Airport underpin its connectivity, while surrounding schools, shopping centres and recreational destinations support the appeal of a future residential community.

Key investment highlights:

• Substantial landholding of 40.46 hectares*
• Anticipated yield of 750+ residential lots (STPA)
• Urban Growth Zone (UGZ)
• Within the Elcho Road West PSP — preparation commenced
• Approximately 380 metres* of Elcho Road frontage
• Positioned within the Northern Geelong Growth Area
• Approximately 2.8km* to the Princes Freeway and 5.9km* to Corio Railway Station
• Approximately 12.4km to Geelong CBD and 10.5km to Avalon Airport
• Established retail amenity at Corio Village and Lara Village shopping centres
• Connectivity to the Port of Geelong and Geelong’s northern employment precincts

For Sale by Expressions of Interest closing Friday 30 October 2026 at 4pm (AEDT)

For further information or to request the Information Memorandum, please contact Kane Malcomson or Chris Jabs.

• Type Land
• Status Current
• Location Lovely Banks
• Zone Urban Growth Zone (UGZ)
• Size 40.46 hectares
• Potential Yield 750+ Residential Lots (STPA)
• Agent Kane Malcomson
• Agent Chris Jabs