Back 219 Princes Hwy
Off Market

219 Princes Hwy

Corio VIC 3214

3
1
2
697 m²
House
Last sold for $525,000
Leesa van DrunenLeesa van Drunen, last sold this property on 20 October 2025 after 26 days on market.

Overview

Ready, set, build.

This is not your average property listing - this is a strategic investment with a head start. Located on the ever-popular Princes Highway in Corio, directly opposite a beautiful park and just a short stroll to Corio Village Shopping Centre, this unique opportunity is perfect for investors or developers looking to hit the ground running. Here's what makes it special: Plans and permits approved for a 2-unit duplex development Tenanted 3 bedroom concrete home solid rental income from day one Option to continue with existing builder licensed, registered, and ready to go The existing home is built tough a solid concrete construction featuring 3 generous bedrooms, with updates to the bathroom, and a large, kitchen that's neat, functional, and ready for tenants or owners alike. This is a property that holds value and offers future potential. Whether you're a developer wanting to fast-track a new build or an investor seeking a cash-flow positive property with upside, this one tick all the boxes. Keep the banks happy with an existing home in place, and get a jump on your next development with much of the groundwork already done. Prime location Concrete construction Approved permits Foundation complete Opportunities like this don't last. Inspect today and unlock the full potential of this standout site!

Features

3 bedrooms
1 bathroom
2 carspaces
697 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Corio over the last 12 months, the estimated median property value of 219 Princes Hwy is $561.02k.

Median value
$561.02k
Estimated value range
$360k - $718k
Median days on market
26
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Corio. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 219 Princes Hwy

2025
Sold
$525,000
Private Sale/Treaty on 20 Oct 2025 by Leesa van Drunen, of Barry Plant - Geelong
2025
Rented
Undisclosed
Leased on 24 Jul 2025 by Barry Plant - Geelong
2023
Rented
Undisclosed
Leased on 27 Jul 2023 by Barry Plant - Geelong

Happy sellers in Corio

96%
96% of sellers in Corio reported that their sale price either exceeded or met their price expectations.

Corio stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Corio over the last 12 months.

Local market activity for 3 bedroom houses in Corio

In the last 12 months, 256 three-bedroom houses similar to 219 Princes Hwy, have been sold.

This represents a 19% decrease in three-bedroom houses sales when compared to the previous 12 months.

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