Positioned on a generous 858m2 (approx.) corner allotment at the intersection of Teal Street and Swan Street, this property presents an exciting opportunity for buyers looking for space today with plenty of potential for tomorrow. Whether you're a first home buyer, renovator, investor or someone exploring future development possibilities, there is plenty to work with here.
The home itself has already been given a fresh start with new carpets and fresh paint throughout, while still leaving plenty of scope for the next owner to add their own style and improvements over time.
The practical floorplan offers four bedrooms, including a main bedroom with built-in robe and ensuite, with the remaining bedrooms serviced by the central family bathroom and separate toilet. Two separate living areas provide flexibility for families, while the central kitchen connects with the adjoining living and dining space.
The kitchen and bathrooms remain largely original and are ready for their next chapter, making this a home where you can comfortably see the potential without paying for somebody else's renovation.
Outside, the 859m2 (approx.) corner block is the real standout. With frontage and access opportunities from both Teal Street and Swan Street, the property may offer potential for future development or subdivision (STCA), while still providing a substantial established home and yard in its current form. A double carport, separate garage and established gardens add further practicality.
The location places all of Lara's everyday conveniences within easy reach, including Lara Shopping Centre, Lara Train Station, the popular Lara Lake Primary School, a range of other primary and secondary schools, Lara Lake Reserve, Lara Aquatic Centre and Lara Golf Club. Commuting is also made easy, with convenient access to the Princes Freeway providing connections to both Geelong and Melbourne, while the You Yangs and Hovells Creek Reserve offer plenty of options for outdoor recreation nearby.
5 Teal Street is all about seeing the opportunity. There's some work to be done and plenty of room to make it your own, but with four bedrooms, multiple living areas, an 859m2 (approx.) corner allotment and exciting future possibilities (STCA), the foundations are already here.
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