Attention all savvy developers, astute investors and keen renovators! This solid, clinker brick home on an impressive 997m2 block presents an exceptional opportunity with endless possibilities and potential to realise high returns. Secure a substantial land holding in a prime East Geelong location for development now or in the future (STCA).
Original timber floorboards, decorative cornices and picture rails add character to the well-maintained interiors. A light-filled lounge offers an inviting space to relax and unwind, while the combined kitchen/dining area is equipped with a gas cooktop and oven. Three carpeted bedrooms share nearby access to the bathroom. A laundry off the porch completes the floor plan. Outdoors reveal a wealth of space if you are a renovator looking to extend and build the home of your dreams. Or the developer will see an opportunity to demolish the original home and build numerous townhouses (STCA).
Tucked at the end of a quiet court in a prime pocket of East Geelong, enjoy a short stroll to the Eastern Hub and Garden Street shopping precinct. Close proximity to Geelong Botanic Gardens and Eastern Beach. Nearby to Tate Street Primary School and Geelong High School (both zoned) and less than a 10-minute drive into the CBD.
Property Features Include:
• Occupies an expansive 997m2
• Central heating and reverse cycle unit
• Remote double garage
• Rental yield of $450 - $480/week
*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
