Offered for sale individually or together, these two properties on separate titles present a rare and flexible investment opportunity in the heart of Newtown. Set on approximately 757m², the first property comprises four one-bedroom units, all currently tenanted, making it an immediately rewarding proposition for investors. Each unit features a generous living and dining area, an original kitchen with cooking appliances, and a combined bathroom and laundry with a separate toilet. Secure courtyards provide generous lawn areas, single carports offer parking via Brunswick Street, and a storage shed completes this low-maintenance property. There is also potential to build a dream home in this tightly held location, subject to council approval. $1,500,000.
The second property, set on approximately 508m² and occupied by two one-bedroom units, may be purchased separately or alongside the four-unit development to maximise return and future potential. Each unit offers open plan living and dining, a well-appointed kitchen with built-in pantry and cooking appliances, a large bedroom with walk-in robe and direct bathroom access, and a generous courtyard that also incorporates an outdoor laundry. A remote single lock-up garage accessed via Brunswick Street adds further appeal. $1,000,000.
Ideally positioned in a prized Newtown pocket, it enjoys the same enviable lifestyle benefits, with Newfolk Café just footsteps away, Woolworths, Kenwith Park, and Gold Diggers Arms within walking distance, and Shannon Avenue, Pakington Street, the Geelong Train Station, and CBD all close by.
Whether purchased individually or together, these properties represent a rare opportunity to secure premium Newtown real estate with strong investment credentials and long-term upside.
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