Rarely do properties with this much potential come to market. Set on approximately 776sqm, this exceptional parcel comes complete with plans and permits for five townhouses or keep the existing home and look to add 1-2 dwellings to the rear. Depending on your position either option makes for a ready-made development opportunity not to be missed.
Adding to its appeal, the site also includes a solid brick veneer home, currently leased to long-term renters providing an immediate income stream while you plan your next move.
The existing residence offers two spacious bedrooms with built-in robes, along with a third bedroom that has been cleverly converted into a large extended bathroom (easy to convert back). A light-filled lounge room is enhanced by a split system for year-round comfort, while the galley-style kitchen provides direct access to the rear yard. Outside, parking is well catered for with space for up to four cars, including a double garage within the secure driveway.
All of this is located within walking distance to Corio Village with all yours shopping, entertainment and even things you require like a solicitor are offered, both St Francis Xavier and Northern Bay College are close and with bus stop s and ring road access near by it adds to the opportunity, whether you are looking to develop, invest, or simply landbank in a fast-growing pocket of Corio, this property presents exceptional scope and versatility. Opportunities like this don't last long, make this one yours today.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
Property ID: #1P9440
