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Geelong’s Waterfront Poised for Landmark Transformation

Jess Freeman • 17/10/2025
4 Bellerine St & 111-113 Corio St Geelong aer.jpg

A prime development site in the heart of Geelong’s waterfront precinct is set to reshape the city’s eastern CBD, with 4 Bellerine Street and 111–113 Corio Street coming to market.

Positioned within the ‘Bayview Village’ precinct, the site offers a rare convergence of scale, zoning flexibility, and lifestyle appeal, making it one of the most compelling urban renewal opportunities in regional Victoria.

Occupying 5,141 sqm*, the property enjoys dual street frontages including 63 metres along Corio Street and a preferred height control of 28 metres, allowing for significant vertical development. Its location directly opposite Austin Park and within walking distance of Eastern Beach and the Geelong Botanical Gardens places it at the centre of the city’s most desirable lifestyle corridor.

The site is for sale through Oliver Hay, Hamish Burgess and Joe Kairouz of Cushman & Wakefield who said 4 Bellerine Street and 111–113 Corio Street represents a pivotal moment in Geelong’s urban story, one that could define the next chapter of its waterfront identity.

“This is a truly irreplaceable site,” said Oliver Hay of Cushman & Wakefield. “Its scale, zoning, and proximity to both parkland and the waterfront make it one of the most exciting development opportunities we’ve seen in Geelong in recent years.”

The site’s proximity to Westfield Geelong, just 150 metres away adds to its appeal, offering immediate access to major retailers, dining options, and public transport. With connectivity to Melbourne, the Surf Coast, and the Great Ocean Road, the location is ideally positioned to attract both residents and visitors.

Geelong’s transformation into Victoria’s second city is well underway, driven by growth across health, education, manufacturing, and tourism. The waterfront precinct, in particular, has become a focal point for investment and urban renewal.

“Buyer interest is expected to be strong from both domestic and offshore groups,” said Hamish Burgess of Cushman & Wakefield.

“We’re seeing a growing appetite from developers who recognise the long-term potential of regional hubs like Geelong, especially when assets like this come with scale, zoning flexibility, and waterfront proximity.”

4 Bellerine Street & 111-113 Corio Street is for sale via International Expressions of Interest (EOI), closing Wednesday 12 November at 2:00 PM (AEDT) through Cushman & Wakefield,

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture.  For additional information, visit www.cushmanwakefield.com.

Media Contact

Jess Freeman
Jess Freeman

PR & Communications Director ANZ • Sydney

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