Perfectly positioned in one of Geelong's most sought-after suburbs, this exceptional property offers the ultimate in convenience and lifestyle. Enjoy easy access to vibrant Pakington Street with its boutique shops and cafes, walk to the nearby train station or take a short drive into the Geelong CBD. With quick connectivity to the M1, commuting to Melbourne or exploring the Surf Coast is a breeze.
Set on approximately 784m² in a prized blue-chip location, this property sits within the Residential Growth Zone, offering exciting development potential (STCA). Whether you're looking to construct a multi-unit development (potential for 3-4 townhouses), build your dream home, or land bank for the future, this site provides a rare and versatile opportunity. Currently generating strong returns as an AirBNB, and with an estimated long term rental return estimated in the vicinity of $500 per week, this is a viable investment strategy.
The existing home is well-maintained and full of character, featuring three bedrooms and two bathrooms. Polished timber floors add warmth and charm, while practical inclusions such as split-system heating/cooling, internal laundry, undercover entertaining deck, garden shed and expansive backyard ensure comfortable living. Whether you choose to move in, rent out, or redevelop, the potential here is undeniable!
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