SoldJul 29, 2022

5 Loddon Street, Corio, VIC, 3214

$515,000

3
1
1

House

Sold: Jul 29, 2022

What's around 5 Loddon Street

Geelong Real Estate Co.

7 Loddon Street, Corio: 3 bed | 1 bath | 640m2 $500,000 5 Loddon Street, Corio: 3 bed | 1 bath | 640m2 $500,000 A terrific opportunity for investors and first home buyers alike. Situated on a 640m2 (approx.) allotment surrounded by all local & major amenities. This home offers an abundance of options such as renovation or an investment. Whether you have plans to invest, renovate or develop the block with the potential for subdivision (STCA Stepping into the home you are presented with a warm & welcoming living space, the perfect space for entertaining friends & family. Walking down the hallway you're presented with three spacious carpeted bedrooms, serviced by a central bathroom, separate toilet & laundry. Walking outside you are awarded with a very spacious backyard with plenty of space for the kids and pets to run around, however also perfect for potential subdivision & development or even extend the home. Your options are endless. Perfectly nestled in a convenient location, minutes away from the Corio Village Shopping Centre, North Shore train station, local schools, medical facilities & Princes Highway allowing for a short drive into the Geelong CBD & Melbourne CBD within an hour. Or if you'd like the opportunity to buy both as a package deal, there's two titles equaling 1,280m2 approx. -Lot 5: 3 bed | 1 bath | 640m2 -Lot 7: 3 bed | 1 bath | 640m2 Located in a quiet, well kept street in Corio, this is the perfect opportunity for a development site. With two separate title, a total of 1,280m2 (approx.) of flat land and endless opportunities. Each lot currently has a 3 bedroom home with great tenants in place that could be kept on, giving you an income stream until permits have been approved. Alternatively, you could live in one while you build on the other. -1,280m2 total across the two titles -3 bedroom, 1 bathroom home on each lot -Flat land, saving you significant costs of flattening a sloped block -5 minute walk to Corio Village Shopping Centre -Reasonable rental returns to minimise holding costs -Statement of information is for 1 lot, 2nd SOI available on request This is an opportunity that should not be missed

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Seller's review

about 4 years ago

Done & Dusted! Great Result from Ricky Forte!

Ricky was also extremly supportive with our decison making process, giving us the right advice at the right time, when we (finally) took his advice the sale was done and dusted in a matter of weeks. Whilst at times a tricky negotiation Ricky always had our best intrests at heart and only wanted the absolute best outcome for us. Mission Accomplished! With an outcome that EXCEEDED our expectations! If you're looking to sell your house, don't look past Ricky and the team at GRECO

B
Brian Duckworth
Seller

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