Opportunities like this don't come around often. Set on a substantial 861m² (approx.) allotment in a quiet court location, this property presents an outstanding opportunity for developers, investors, or buyers looking to secure a site with exciting future potential.
With approved plans and permits for five double-story townhouses, much of the hard work has already been completed, allowing you to focus on bringing the project to life.
Currently vacant but has a rental appraisal of $470 - $480 per week. The existing three-bedroom home offers flexibility to renovate, lease out, or generate holding income while you finalize your development plans.
Conveniently located just minutes from Corio Village Shopping Centre, schools, public transport, parklands and easy freeway access to Melbourne and the Geelong CBD, this is a location that continues to see strong demand from both homeowners and investors.
Property Highlights
- 861m² (approx.) allotment
- Approved plans & permits for five double-storey townhouses
- Existing 3-bedroom home
- Quiet court location
- Close to schools, shopping, public transport and freeway access
- Exceptional development and investment opportunity
Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist.
Disclaimer: All stated dimensions in the content and photos are approximate only.
Note: 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.
