Rare Vacant Land Offering Within Victoria's Largest Growth Corridor
Colliers is pleased to present 10 Rivernook Street, Armstrong Creek, for sale via Expression of Interest closing Tuesday 30th June 2026 at 4pm.
The property comprises a 1,938sqm* vacant landholding within the Armstrong Creek Town Centre. Positioned in the tightly held Precinct 2 of the Precinct Structure Plan (PSP), the Commercial 1 Zoned site benefits from an active planning permit for a double storey, 122 place childcare centre. Alternatively, the land is equally suited to Restricted Retail, Food & Beverage or Trade Supply uses permissible under the zoning, should the childcare scheme not deemed to be of value.
The site is strategically located behind McDonald's and directly opposite HMC Capital's new $43 million* Woolworths anchored retail development. The immediate precinct includes Coles, Dan Murphy's, 7 Eleven, The Salvation Army, Lake Imaging and Planet Fitness, reinforcing the strength and amenity of this rapidly expanding activity centre.
Key Features
• Urban Growth Zone (Commercial 1 Zone as per schedule)
• Flexible zoning suitable for a range of retail, medical, commercial, mixed-use and QSR outcomes (STCA)
• Possible uses include restricted retail, food & beverage, trade supplies
• Existing permit-approved double-storey, 122-place childcare centre - ready for development
• Total land area of 1,938 sqm*
• Wide 63 metre* frontage
• Urban Growth Zone (UGZ)
• Positioned directly behind McDonald's
• Opposite HMC Capital's new $43 million* Woolworths-anchored development
• Surrounded by Coles, Dan Murphy's, KFC, The Salvation Army, Lake Imaging and Planet Fitness
• Direct access to Surf Coast Highway - approximately 29,000* vehicles passing daily
• 10 km* to Geelong CBD, 10 km* to Torquay and the Surf Coast, 6.2 km* to the Geelong Ring Road
• Underpinned by a fully developed Armstrong Creek population forecast at 55,000-65,000* residents
• Supported by a projected $1 billion* development pipeline across the precinct
• All development contributions have been paid
• Power offer accepted and paid to the relevant authority
The property will appeal to childcare operators, developers, owner-occupiers, quick service restaurant operators, medical and allied health groups and private investors seeking exposure to one of regional Australia's strongest growth corridors.
Armstrong Creek is the largest contiguous urban growth area in Victoria, with a fully developed catchment population forecast to reach 55,000-65,000* residents, an anticipated 22,000* local jobs and a projected $1 billion* development pipeline. Greater Geelong's population is forecast to grow to approximately 485,000 by 2051 (Forecast.id), making this one of regional Australia's most active commercial growth corridors.
10 Rivernook Street, Armstrong Creek is being offered for sale by Expression of Interest closing Tuesday 30th June 2026 at 4pm.
For further information or to arrange an inspection, please contact Colliers Agents:
Chris Nanni | 0438 306 361
Ben Young | 0407 296 679
Lucas Soccio |0421 428 990
*Approximately
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