20 Cheryl Crescent, Belmont - Empty Block with Approved Plans for Two Townhouses!
A rare chance to secure an empty block with everything ready to go.
This 697m² (approx.) parcel of land in the heart of Belmont is offered as two lots together, complete with approved plans and permits for two stylish townhouses. No demolition, no delays-just a clear site and a clear path to profit.
The Details
• Empty block - 697m² (approx.)
• Two separate lots sold together
• Approved plans for two contemporary townhouses accommodate 4 beds 2 baths each townhouse
Why Belmont?
• Close to local schools, parks, and reserves, Deakin Uni, Empworth Hospital
• Minutes from High Street shops and Waurn Ponds Shopping Centre
• Quick access to Torquay Road and Geelong Ring Road.
ROI Snapshot
• Purchase Price: $650,000 - $670,000
• Potential Resale: $1.8M+ (two townhouses at approx. $850K-900k each)
• Rental Income: $1,300/week combined
Builders, investors, and future homeowners-this is your chance to buy smart and build fast.
Features
8 bedrooms
4 bathrooms
directions_car2 carspaces
crop_free697 m² lot size
cottageHouse
Property history for 20 Cheryl Crescent
2021
Sold
$501,000
25 May 2021 by Karen Purcell, of Hayden Real Estate - Leopold
Happy sellers in Belmont
82%
sentiment_satisfied
82% of sellers in Belmont reported that their sale price either exceeded or met their price expectations.
Belmont stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 58 reviews in Belmont over the last 12 months.
Local market activity for 8 bedroom houses in Belmont
Sold
For Sale
For Rent
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