60 Cambra Road, Belmont

This original home that has seen better days, in desperate need of serious structural repairs or retirement sits on this 596m2 north rear facing block of land.This property cannot be leased in its current condition.The location and surrounding amenities alone mean this site is ripe for the picking for the buyer or investor with a vision for the future.This desirable site offers a versatile parcel of land for a knock down rebuild (STCA) or to potentially clear the site and build multiple townhouses (STCA).Only 10 minutes from Geelong CBD and walking distance to High Street shopping precinct, public transport, local shops & schools and 5 minutes to Marshall Train Station, Geelong Ring Road, Waurn Ponds Shopping Centre and Deakin University.Priced competitively due its current lapsed condition, buyers will see that the land alone offers potential value immediately and look to capitalise for the future in this popular and convenient location.