An artist's impression of the luxury apartments
There are 110 apartments with the majority priced from $295,000 to 4795,000, with two exceptions that are up to $1.3 million.
Mr Castran said an equal balance of Melbourne and local buyers had been interested in the apartments.
Torquay's Susie Clark-Relph was looking at buying a two-bedroom, two-bathroom apartment.
"I am looking at buying an investment property and perhaps even live there myself one day," Ms Clark-Relph said.
She said she was attracted to the development because of its inner-city Geelong location and affordable prices.