If you have been looking for a Project, with the view to occupy whilst you redevelop, OR simply are looking for a home site with fantastic sub-dividable potential, well this could be the one that you have been searching for. Situated in a quiet court location in East Geelong and only approx. 3mins from Geelong's CBD this will surely attract the attention of the astute purchaser.
For the owner/occupier, the 1/2 bedroom home is certainly in need of repair, but for those with a little imagination could certainly add their own special touch and bring it back to life. The home also features a spacious lounge, cozy kitchen/meals area, and a separate bathroom. The laundry is situated outdoors as well as an additional toilet.
For the developer, the North facing rear yard is certainly going to be a real winner and with an allotment size of approx. 733m2, there is the possibility of building 3 Units/Townhouses STCA. That leaves you with the option of selling off the plan immediately, or construct and reap the rewards of a strong rental return as these are sure to be in high demand.
Close to all facilities, amenities, major shopping centres and all forms of education. Only a short stroll to the beautiful Eastern and Botanical Gardens and just a short drive to Geelong's magnificent Waterfront. For the price and the location this will not last long, so don't hesitate or you might just miss out!! Call for your inspection now. Currently on a periodic tenancy, so vacant possession is available.
