32 Preston Street, Geelong West, VIC, 3218
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Property Highlights


In the heart and soul of Geelong’s West this delightful Victorian Cottage presents with features that provide for remarkable versatility. 

With a quaint south facing frontage this property allows plenty of scope for creativity in the sun-filled, north-facing, cleared rear yard. Combine this with a very generous 451 square metres, a level site, and rear lane access from Veres Lane, and there is an abundance of wonderful housing development options here. 

These options could include: 
1. Renovate and extend the existing dwelling, 
2. Undertake the fully approved multi-unit development 
3. Hold and occupy or rent out the existing dwelling

Option 1- Single Dwelling
A suitable design strategy for the detached dwelling retains and restores the existing Victorian heritage frontage but with a well-deserved face lift. The existing cottage could be easily transformed into a series of fabulous sitting rooms, study, office, guest bedroom and master suite with walk in robe and generous ensuite. There is an opportunity here for the sitting room/ play room (current existing living room) to have a tranquil view of a serene north facing private courtyard with a pond or deck. 

The rear ground floor comprises of living/kitchen and meals and flows on from the central hallway into a dramatic open space. Every living space here is a part of an oasis, wrapped around a proposed swimming pool and spa. The hallway and stairwell are surrounded in glass and floods the core of the home in light, drawing you in from the minute you enter allowing a seamless transition from the outside in. 

Upstairs there are two more bedrooms and another guest bedroom or study area accessed by an elegant glazed stairwell and screened glazing. The flexibility here in the planning can allow for: 

  • Five-bedroom, two living rooms 
  • Four-bedroom, two living rooms and home office 
  • Three-bedroom, three living rooms and home office

In addition to the main dwelling (yep, there’s more!), the rear lane access provides an opportunity for a large garage without compromising the wonderful front façade. The location of the garage allows for a small change area and third bathroom outside and adjacent to the pool/spa area. Above the garage is a studio retreat opening up a large space for many opportunities including: 

  • Massive home office 
  • Teenage Retreat or Parents! 
  • A flat for retired parents 
  • An amazing AirBnB, 
  • Student bedsit with potential for additional income.

Overall this option could made for a remarkable home in a unique accessible and quiet part of Geelong.

Option 2- Two Dwellings – with current Planning Permit and endorsed plans

The permit available to develop two dwellings on the lot retains and renovates the existing dwelling, restoring the Victorian Cottage façade with an additional contemporary north-facing extension. There is also a new two-storey second dwelling at the rear of the lot, with car access from Veres Lane.

Key features include: 

  • the entire development is architect-designed, carefully considering all the opportunities to maximise yield and provide for contemporary living and efficient use of space on a small footprint.
  • Both dwellings have three bedrooms, two bathrooms and undercover off street parking. 
  • Both dwellings enjoy north facing living areas with direct access to north facing yards 
  • Front dwelling is a clever renovation making efficient use of a small footprint and retention of heritage features. 
  • Rear dwelling is completely new and cleverly designed to maximise light and space within council guidelines and constraints. 
  • Rear dwelling maximises the ground floor space to include all living, master bedroom and amenities. The top floor has tall raked ceilings in the bedrooms to maximise a sense of volume, each with full height glazing and views.

Option 3 - Retain this beauty as is and either live in or keep existing tenants.

Which option you may decide here doesn’t matter, what does matter is that by purchasing here you have certainly future-proofed your investment.

It’s easy to see why Geelong’s West continues year after year to be one of Geelong’s most favourable pockets. The energy and buzz of Geelong’s West and much loved Pakington Street is palpable. From the abundance of vibrant cafes and diversity of shopping, the delightful north facing waterfront a mere stroll away, the beautifully restored Deakin University building, Geelong’s central train station and the CBD all within walking distance, opportunities like this are unique. 

Don’t miss the perfect opportunity here to grab this absolute ripper and enjoy the options aplenty here. Get ready to start living in Geelong’s most sought-after location, your only regret will be wishing you had done it sooner.

For more information call Wes on 0419 315 727

All information offered by Real Estate Geelong is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Real Estate Geelong and its representatives pass on this information. Real Estate Geelong does not determine whether the information is accurate or not and as a prospective purchaser you are advised to make your own judgement and do your own due-diligence with respect to the information supplied. Real estate Geelong will not be held liable for any loss resulting from any action or decision by you in reliance on the information supplied from Real Estate Geelong or its representatives. Use of such material is at your sole risk. All site plans and floor plans are simply ideas that maybe worth exploring, they do not represent in any way the development or investment potential of this property if you choose to buy it. Please obtain professional advice from , but not limited to Town Planners, Designer, Accountants, Tax Specialists, Building and Land Surveyors and any other consultants necessary to determine what options are available with this property.

Remember to mention you found this property on DevelopmentReady

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