Development
Residential Lume

Master Planned Community in Geelong

Location 1 Henry Street,
Belmont
Project Type Residential
Land Size 6.2Ha
Building Size 220+ dwellings
Completion Date In Progress
End Value $126.5m
Enquire Lume
Location 1 Henry Street,
Belmont
Project Type Residential
Land Size 6.2Ha
Building Size 220+ dwellings
Completion Date In Progress

Up Property successfully acquired this 6.2Ha former CSIRO facility under a competitive public tender conducted by the Federal Government. This site presented a landmark redevelopment opportunity close to Deakin University, a major shopping centre, and several local schools.

The vision by Up Property is to rezone the land and deliver a master planned community which will transform this site into a mixed-use precinct including community spaces, commercial and residential opportunities. The masterplanned community will feature over 220 architecturally designed homes with a mix of low, medium and higher-density products.

Up Property secured the opportunity to take on a landmark project and redevelop the former 62,000sqm CSIRO site, into a new master planned residential community in the heart of Geelong. Adam Davidson Managing Director, Up Property