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217-227 Purnell Road, Lovely Banks, VIC 3213
Lovely Banks
Knight Frank in conjunction with Thorpe Real Estate are pleased to offer this exceptional opportunity to purchase
a large infill development site with existing place of worship rights.
Currently zoned GRZ1 the property allows for an array of development outcomes, including residential, aged care,
childcare or a place of worship under the existing use rights. With an established residential market in place and a
permit for the subdivision of the ancillary land, the property provides flexibility for any incoming purchaser.
The property is located a short distance from the M1 Geelong Ring Road, offering fast access to Geelong CBD
within 10-minute drive, the Surf Coast and Great Ocean Road under 25 minutes and Melbourne CBD under an
hours drive.
Key Features:
• Land Area of 11,390 sqm* zoned GRZ1 allowing for an array of development outcomes
• Currently operational with existing use rights as a place of worship, with vacant possession on settlement
• Current approved permit for subdivision of excess developable land of 4,023 sqm*
• Offered with Vacant Possession
• 1.6 km* to Princes Fwy entry
• 2.4 km* Bell Post Shopping Centre
• 2 km* Corio Village Shopping Centre
• 3 km* to Geelong Baptist College
For Sale via Expressions of Interest closing Wednesday the 3rd of September 2025 at 12:00pm
For further details or to register your interest please contact one of the exclusive sales agents.
Thorpe Real Estate
James Thorpe: +61 414 510 071
Knight Frank
Paul Lillis: +61 402 381 399
Nick Bisset: +61 437 748 120
Remember to mention you found this property on DevelopmentReady
Knight Frank in conjunction with Thorpe Real Estate are pleased to offer this exceptional opportunity to purchase
a large infill development site with existing place of worship rights.
Currently zoned GRZ1 the property allows for an array of development outcomes, including residential, aged care,
childcare or a place of worship under the existing use rights. With an established residential market in place and a
permit for the subdivision of the ancillary land, the property provides flexibility for any incoming purchaser.
The property is located a short distance from the M1 Geelong Ring Road, offering fast access to Geelong CBD
within 10-minute drive, the Surf Coast and Great Ocean Road under 25 minutes and Melbourne CBD under an
hours drive.
Key Features:
• Land Area of 11,390 sqm* zoned GRZ1 allowing for an array of development outcomes
• Currently operational with existing use rights as a place of worship, with vacant possession on settlement
• Current approved permit for subdivision of excess developable land of 4,023 sqm*
• Offered with Vacant Possession
• 1.6 km* to Princes Fwy entry
• 2.4 km* Bell Post Shopping Centre
• 2 km* Corio Village Shopping Centre
• 3 km* to Geelong Baptist College
For Sale via Expressions of Interest closing Wednesday the 3rd of September 2025 at 12:00pm
For further details or to register your interest please contact one of the exclusive sales agents.
Thorpe Real Estate
James Thorpe: +61 414 510 071
Knight Frank
Paul Lillis: +61 402 381 399
Nick Bisset: +61 437 748 120
Remember to mention you found this property on DevelopmentReady
217-227 Purnell Road, Lovely Banks, VIC 3213
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
