Premium Ocean Grove land for sale after luxury development fails

Blocks in the Saltaire Collection are walking distance from the Barwon River and Ocean Grove Golf Club. A failed luxury development has created a fresh chance for buyers to get their hands on some of the last remaining vacant land in Ocean Grove with a river view. Nine blocks in the Saltaire Collection are being sold via a mortgagee land release after previous residential plans for the site fell over. The developer had intended to construct a suite of premium sustainable homes on the southern side of Saltaire Court. RELATED: Inland Ocean Grove home defies sceptics to sell for $2m ‘Unbankable’: Villawood’s warning on Geelong growth plan Geelong suburbs where buyers are taking the biggest hits But with the project striking financial trouble, Fletchers, Queenscliff agent James Gladman is now selling the land on behalf of the mortgagee. Interest in the titled blocks, which range from 501sq m to 639sq m, is strong ahead of the October 8 deadline for expressions of interest. Mr Gladman said they were a rare find, especially as they were priced to sell from $575,000. “In the older part of Ocean Grove there’s only a few individual lots here and there and most of them don’t have any sort of...