The recent reclassification to “Residential Growth Zone” further enhances the attraction of this property. Right next to K Mart and within walking distance to the Belmont Shopping Strip, Local Schools, Barwon River, South Geelong Railway Station and the City Centre, this 811m2 site is currently occupied by a brick veneer residence that has been adapted to accommodate a growing /extended family comprising a comfortable 2 bedroom dwelling with an adjoining self-contained 1 bedroom flat at the rear. In its present format the property is also an excellent investment with an expected rental return of $480.00 per week. Alternatively, given the outstanding position the property offers an extraordinary opportunity to develop the site STCA) In the meantime, collect the rent until the appropriate plans are approved.
Land Dimensions 17 metres x 48.25 metres (811m2 approx).