In a superb price range sits this 3 bedroom character home with loads of potential. On a compact allotment of approximately 300m2, there is an opportunity to sub-divide and built 2 townhouses (STCA), renovate and extend the existing home or leave the tenants in place ($250 per week) and reap the rewards of the Newtown growth over the coming years. Within walking distance to Cosmopolitan Pakington Street, CBD, Kardinia Park and some of Geelong's finest schools. First home buyers, investors, builders and developers would be wise to inspect.