Located just 7 minutes (approx.) from the CBD, on an expansive 717m2 (approx.) allotment with rear access, this property presents an exceptional opportunity to enter the Breakwater market with excellent potential for future growth. Well maintained, offering comfortable living as is, the home allows further scope to update, extend or develop (STCA) and add value. Situated moments from the Barwon River and riverside walking trails, Geelong Racecourse and Showgrounds, just 5 minutes (approx.) from Belmont’s vibrant shopping precinct and South Geelong Station, enjoy an array of surrounding amenities for a convenient city fringe lifestyle.
The classic weatherboard home offers original charm, with a porch entry leading you into a welcoming living and dining room. Featuring a brick mantel and decorative cornice, the space retains original character, with a fresh coat of paint, modern carpet and split system heating and cooling for contemporary comfort. The adjoining kitchen features updated cabinetry, 600mm electric oven and cooktop, and is well-positioned to overlook the backyard. Comprising three bedrooms, two include built-in robes, all serviced by a bright bathroom, with separate wc and laundry at the rear.
Outside the expansive block provides plenty of space to play, relax in the sun, or fire up the BBQ, with rear access leading to a garage and shed for off-street parking, workshop and storage facilities.
Representing exceptional value with strong potential for growth, this is an outstanding opportunity for home buyers, renovators, investors or those looking for their next development project (STCA). Substantial-sized properties this close to the city are increasingly hard to find, don’t let this one slip away!
Estimated Rental Return: $420 - $440 per week
