Positioned along a prominent and high-exposure section of Princes Highway in Corio, 271 Princes Highway delivers an outstanding development and investment opportunity on a generous 696m² (approx.) allotment. The existing home comprises 3 bedrooms, 1 bathroom and two car spaces, providing immediate holding income potential while you plan the next stage. With approved plans and permits for five townhouses, this is a rare ready-to-go project in a location that continues to benefit from strong buyer demand and ongoing residential growth.
Ideally located close to local shopping, schools, public transport and key road links, this address offers exceptional convenience for future residents and tenants alike. Whether you choose to retain and lease the existing dwelling or commence construction straight away, this is a flexible and high-return opportunity combining a sizeable block, an established home and a fully approved multi-dwelling development outcome in one of Corio’s most accessible corridors.
Features:
• 696m² (approx.) allotment
• Approved plans & permits for 5 townhouses
• Existing 3-bedroom, 1-bathroom residence
• Two car spaces
• Ideal holding property with strong development upside
• High-exposure Princes Highway frontage
• Close to shops, schools, public transport and major road connections
• Perfect for developers and astute investors
Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: All stated dimensions in the content and photos are approximate only.
Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary to satisfy themselves with any pertinent matters.
