1-4/45 Virginia Street

Newtown VIC 3220

949 m²

Apartment

Currently for sale - view listing

Overview

A Significant Newtown Holding with Exceptional Future Appeal

A rare opportunity to secure a substantial parcel of premium Newtown real estate, this exceptional 949m² landholding presents an outstanding investment opportunity in one of the area's most tightly held and highly regarded tree-lined locations. Held on one title and comprising four well-presented residences, including three one-bedroom units and one two-bedroom plus study unit, the property offers a compelling combination of immediate rental appeal, significant landholding and long-term potential. With the flexibility to generate strong holding income while considering future plans, this property may appeal to those looking to secure a premium Newtown address, hold the asset over time, and potentially create their dream family residence in one of Geelong's most sought-after locations (STCA). Opportunities to secure such a substantial parcel in a blue-chip Newtown setting are increasingly rare, making this an exceptional proposition for investors and future homeowners alike. Each residence has been thoughtfully refreshed throughout and offers light-filled open-plan living and dining, well-appointed kitchens with built-in pantry, gas cooktops and electric ovens, generously sized bedrooms with built-in robes, direct bathroom access and European laundries. Split system air conditioning throughout enhances year-round comfort, while the rear residence further benefits from a single lock-up garage and additional storage. With four separate dwellings on one substantial title, the property provides strong existing investment credentials while offering the flexibility to maximise returns and explore future potential. Beyond the property itself, the location further enhances its appeal. Positioned in a truly coveted Newtown setting, residents enjoy easy access to the area's celebrated cafés, restaurants, shopping, schools and parklands. Surrounded by the lifestyle amenities that make Newtown one of Geelong's most desirable suburbs, this is a rare opportunity to secure a significant investment asset in a premium location where convenience, lifestyle and long-term value come together.