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Overview
Prime Location with Plans for Development 5 x Dwellings
This three-bedroom, one-bathroom residence is presented in its original condition, offering a remarkable opportunity for investors, developers, or first-time home buyers. Situated on a substantial allotment of approximately 725 square meters, the property benefits from approved plans and permits for the construction of five double-storey dwellings, presenting a rare and valuable development prospect in the expanding Corio area.
The existing home features three bedrooms, a centrally located bathroom, and inviting living spaces that provide potential rental income while development plans are finalized. This setup allows for immediate occupancy or investment returns during the planning and construction phase.
Conveniently located near Corio Village, residents have easy access to supermarkets, cafes, and everyday shopping needs. The property is also close to local primary and secondary schools, sporting reserves, and community facilities, making it ideal for families and active lifestyles.
Transportation is well catered for, with the Ring Road just minutes away, facilitating smooth travel to Melbourne or the Surf Coast. Additionally, North Shore railway station and the Geelong Central Business District are within easy reach, ensuring excellent connectivity for work, study, and leisure activities.
Key features of this property include:
- An approximately 725 square meter block with approved plans and permits for five double-storey dwellings.
- A three-bedroom, one-bathroom home in original condition, offering immediate use or rental potential.
- An exceptional opportunity suited for investors, developers, or first home buyers seeking growth prospects.
- Walking distance to Corio Shopping Centre, local cafes, and public transport options.
- Proximity to quality schools, shops, and various local amenities enhancing lifestyle convenience.
Prospective buyers are encouraged to conduct their own inquiries to verify the information provided. Photo identification is required for all open inspections.
Change History
| Headline | When |
|---|---|
| $599,000-$630,000 Approved Plans X5 Dwellings | |
| $630,000 - $660,000 |
Location
Corio VIC 3214
Market Insights for Corio VIC 3214
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