Set on 457sqm, and in the heart of the Geelong medical precinct, this property offers exceptional potential and endless possibilities. The position is geographically perfect, approximately 80 metres from the Geelong Hospital, a 5-minute walk to the waterfront, and only moments to the city centre. There is exceptional scope to capitalise on the rear access via Swanston Place and create car parking to unlock the commercial potential. The property offers enormous scope and potential to renovate, extend, refurbish, or redevelop. The features include 3 generous bedrooms, a living room, spacious kitchen, main bathroom, laundry and second toilet.
Maintaining the original charm of its period, the property boasts generous ceiling heights, enhancing the sense of space; a wide hallway for easy access, and recent improvements including multiple split systems and solar panels. The bathroom includes a shower, bath & toilet, and is conveniently positioned toward the rear of the property. The laundry is located immediately adjacent to the back door which leads out to the under-cover deck area, which has access to a second toilet. This then leads to the back yard which capitalises on the Northwest orientation, and there is a double garage which is accessed via Swanston Place.
The property offers an exceptional opportunity for the homeowner to design and create their dream home right in the heart of the city; the investor can capitalise on the future growth that will correspond with the continual revitalisation of the hospital precinct; and the medical specialist can position themselves in a highly visible and easily accessible position STCA.
• 457sqm allotment with rear access.
• Clear access via Swanston Place
Potential rent return at $500 per week.
