Whether you're searching for your first home, looking to add to your investment portfolio or seeking a property with genuine multi unit development potential, 7 Dorcas Street, Newcomb presents an exciting opportunity in a well-connected and increasingly popular location.
Set on a substantial 689m² (approx.) corner allotment with dual street frontages, this established weatherboard home offers a combination of comfortable accommodation, generous outdoor space and exciting possibilities for the future, with the potential for subdivision (STCA).
The existing home provides a practical floorplan, beginning with a welcoming entry and comfortable front living room before flowing through to the central kitchen and meals area. Three bedrooms are positioned throughout the home, with the accommodation serviced by a central bathroom. A separate laundry and additional WC add further practicality, while the dining area provides a natural connection between the kitchen and the home's living spaces.
Outside, the property really comes into its own, with an abundance of yard space surrounding the home. Secure gated access from the side street further enhances the property's functionality and, importantly, highlights the benefit of the dual-frontage allotment.
For first-home buyers, this is an opportunity to secure an affordable home with an abundance of land and room to enjoy. For investors, the existing residence provides a long-term holding opportunity. For developers, the large corner block, dual street frontages and substantial land component provide an ideal basis to investigate future subdivision or development possibilities, subject to council approval and all necessary permits.
Location completes the appeal, with local schools, public transport, Newcomb Village and Bellarine Shopping Plaza all conveniently nearby. Even better, Geelong's thriving CBD is approximately five minutes away by car, placing the city's shopping, dining, employment and entertainment precincts within easy reach.
With its generous landholding, versatile corner position and convenient proximity to Geelong CBD, 7 Dorcas Street offers the rare opportunity to purchase a property that works on multiple levels — live in, invest or explore the development potential (STCA).