The four first allotments at the exclusive Pinnacle Newtown will be auctioned at its launch on Saturday with price hopes between $680,000 and $1.023 million.

Successful bidders will take to the skies in a chopper immediately afterwards to celebrate their new high flying lifestyle.

Touted as having “Geelong’s best views”, Pinnacle Newtown is the latest release in the Gen Fyansford development.

Joint developer ICD Property managing director Michael Mai said it had generated strong interest due to its elevated position and views over Queens Park.

“The views are spectacular,” Mr Mai said.

“The land is located on the top of the Herne Hill hillside with an outlook to the south and west, arguably offing the best views in Geelong.”

Potential buyers must pre-register for a chance to bid for one of the four blocks, which range from 691sq m to 1260sq m in size, at the 11am auction at 180 McCurdy Rd, Fyansford.

RPM Real Estate Group sales director Rod Anderson said the lots were generous enough to build generous homes with sweeping vistas.

“The helicopter rides will highlight the large lot sizes, stunning views and proximity to central Geelong and the coast,” Mr Anderson said.

There will be 35 lots in the Pinnacle Newtown development, which is part of the wider Gen Fyansford project, a joint development between ICD Property and international company Supalai.