Geelong’s First High Rise Apartment Building on its Way

Sources say Mr Vickers-Willis has lodged an application for a 15-storey building, which would include about 160 apartments (half of which will be leased to a service hotel operator), high-end office space and retail space, to be leased to cafes, restaurants and a gym.

The building would tower over homes on Western Beach Road, but offer picture-postcard views of the Geelong township, which one source says is reinventing itself with every property cycle. To be known as Water Marque, the building will be twice the height of Geelong’s current highest building, the Mercure Hotel on Myers Street, which is eight levels. The application for the $65-million apartment project is with the council awaiting approval.

Mr Vickers-Willis has teamed with prominent Geelong identity Frank Costa for residential projects in the past, but is planning to build Water Marque himself, via his development company Quay Development Corporation.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.