Current Lease Details:
• Unit 1 is leased at $340 per week on a periodic tenancy.
• Unit 2 is leased at $335 per week, with the lease in place until 14th December 2025.
Estimated Rental Return: $430-$450 per week, per unit.
Nestled in the heart of Bell Park, this rare dual-unit property on a single title presents a unique opportunity for downsizers seeking low-maintenance living or investors looking for a solid addition to their portfolio. Spanning a generous 630m² block, this property is currently home to long-term tenants, ensuring immediate rental income and stability.
Each self-contained unit offers two spacious bedrooms with built-in robes for ample storage, complemented by a central bathroom designed for convenience and practicality. The heart of each home is its open-plan living, dining, and kitchen area, creating a vibrant space perfect for both daily living and entertaining. The well-equipped kitchen features abundant bench space, plentiful cupboard storage, a gas cooktop, and an electric oven, catering to the needs of home cooks. Additionally, each unit includes one dedicated car space for secure parking.
The property's prime location elevates its appeal, with local shops and schools just a short stroll away. Commuters will appreciate the proximity to the Geelong Ring Road, while the vibrant Geelong CBD is only minutes away, offering access to urban conveniences. Bell Park, a welcoming and family-oriented suburb in Greater Geelong, is known for its working-class charm, strong European community influence, and mature demographic. Residents enjoy nearby amenities, including shops and restaurants along Separation Street and Hughes Street, as well as the convenience of Bell Post Shopping Centre and plenty of green spaces for leisure and recreation.
