Positioned on a generous 532m² corner block just 3km from the Geelong CBD, 1 Newland Street presents an outstanding opportunity for first-home buyers, downsizers, or investors seeking space, comfort, and potential in a thriving location.
Inside, the home offers three well-proportioned bedrooms, including two with built-in robes and two fitted with ceiling fansproviding practical family living and flexibility for guests, a home office, or additional accommodation.
The central bathroom includes a bath, shower and vanity, while the functional kitchen features a gas cooktop and electric ovenideal for everyday cooking and entertaining. An updated electrical smart meter adds further modern appeal.
Year-round comfort is assured with split system heating and cooling in the main living area, creating a welcoming space to relax. Step outside to a decked outdoor area, perfect for enjoying morning coffee or hosting family and friends.
Adding further value, this property comes with approved plans and permits for a two-lot subdivision, featuring two double-story dwellings each comprising four bedrooms and two bathrooms. Full plans and permits are available upon requestoffering an exceptional opportunity for developers or investors to capitalise on this prime corner site.
Additional highlights include side street access, a garden shed for storage, and an enviable lifestyle setting close to Eastern Park, the Geelong Botanical Gardens, local sporting grounds and the East Geelong Golf Club. With public transport, shops, and schools nearby, plus easy access to the Garden Street precinct, Geelong CBD, and the Bellarine Peninsula, this is a location that truly delivers.
Currently tenanted: estimated rental return of $420$440 per week
