2/3 Lancaster Avenue

Newcomb VIC 3219

48 m²

Apartment

Currently for sale - view listing

Overview

Low-Maintenance Living with Strong Investment Appeal

Residing just 3km from the Geelong CBD, this one-bedroom unit presents an outstanding opportunity for investors seeking a low-maintenance property in a highly convenient location. Positioned in one of Newcomb's tightly held pockets, the property offers an appealing combination of lifestyle, functionality and strong rental potential. Just a short walk from local shopping and amenities, the home also provides easy access to public transport, quality schools, sporting facilities and everything the surrounding area has to offer. Inside, the light-filled open-plan kitchen, living and dining area provides a comfortable and practical space. The generously sized bedroom features built-in robes, while a separate bathroom and laundry add further convenience. With its own off-street car parking and minimal maintenance requirements, the property is ideally suited to those looking for an easy-care investment. Currently tenanted with a lease in place until March next year, the property offers immediate rental income and is best suited to investors, with vacant possession not available until the conclusion of the current tenancy. Enjoy the convenience of being approximately ten minutes from the Geelong CBD, Waterfront and Botanical Gardens, while benefiting from the established amenities and lifestyle that make Newcomb such a popular choice for both homeowners and investors. With a strong expected rental return of $350 per week and excellent proximity to the city, shopping, transport and recreational facilities, 2/3 Lancaster Avenue represents an exciting opportunity to secure an affordable investment property with plenty of appeal from day one.