Historic Geelong home set to join expanding CBD medical precinct

The five-bedroom residence at 150 Bellerine St, Geelong, sold for $1.1m after auction. A Geelong character home used as a family residence for the past decade is set to become part of the CBD’s growing health precinct. The five-bedroom residence at 150 Bellerine St, Geelong, sold for $1.1m in negotiations that occurred after the home had been passed in at an auction. Wilsons Geelong director James Wilson said the auction opened on a $1.05m genuine bid and passed in after the bidder raised the stakes to $1.085m. RELATED: Demolished CBD building owners still courting buyers Uniting Church lists prime Barwon Heads site for $3m Gen Fyansford fast-tracks biggest land release in years It seemed that using the close-to-100-year-old home for allied health purposes was deemed the highest and best use during the campaign, Mr Wilson said. He said that was where much of the interest sprang during the campaign culminating in Saturday’s auction. “With the development of that area over the past 10 years, it’s become very hospital and allied health-centric,” Mr Wilson said. An open-plan lounge and dining room is at the rear of the house. The updated kitchen connects to a dining zone. And I think p...