7 Buchan Court

Corio VIC 3214

648 m²

House

Currently for sale - view listing

Overview

Position, potential & plans already in place.

On behalf of our Seller's, the Award-Winning team at Barry Plant Geelong proudly presents by way of Private Sale, 7 Buchan Court, Corio. Positioned directly opposite Corio Village on a prominent corner allotment, 7 Buchan Court presents an exceptional opportunity for investors seeking immediate utility, strong rental fundamentals and significant future development potential. The existing brick residence comprises three bedrooms, two separate living areas, a partially renovated kitchen and bathroom, plus an impressive three-car garage. While offering scope to further improve and add value, the property provides a functional holding option while investors consider its longer-term potential. The standout feature is the approved development opportunity, with plans and permits already in place for 4 townhouses. This provides an investor or developer with a clear pathway to unlock the value of the substantial corner site, without the uncertainty and delays associated with starting the planning process from scratch. Location further strengthens the investment proposition. Sitting directly opposite Corio Village, the property places future tenants within easy reach of supermarkets, retail, dining and everyday services. Corio Railway Station, local schools, parks and recreational facilities are all nearby, while convenient access to the Princes Highway and Geelong Ring Road provides efficient connectivity to Geelong CBD, the waterfront and surrounding employment precincts. For investors, this is an opportunity that combines a substantial existing dwelling, strong location fundamentals and approved future development potential offering multiple strategies to create value from day one and into the future.