Could this be Geelong's best value development opportunity?
With endorsed plans and permits for 4 townhouses in place and valid to August 2023, you can be ready to commence construction early in the New Year, or take your time and develop the property at your leisure while enjoying rental income and capital growth in the meantime!
Location, location, location! Centrally located just minutes from Corio Village Shopping Centre, great primary and secondary schools, medical centres, Waterworld Leisure Centre, parks and reserves this is the perfect position to develop now or simply land-bank and enjoy growth into the future.
Set on a 603m2 approx. block zoned GRZ4, the existing weatherboard home offers comfortable living with 3 generous bedrooms, spacious kitchen, internal laundry and ample storage.
Currently tenanted on a monthly lease providing immediate income at $280pw, you can choose your own timing to capitalise on the development of this prime fully-permitted site.
Plans and permits available on request call today for more information.
But you must act quickly, a well located property complete with fully endorsed plans and permits for 4 very well designed townhouses is an extremely rare find. Representing exceptional value at this price point, the opportunity simply will not last.
Don't miss out Call NOW before another savvy developer/investor snaps up your dream development site!
