Prime Investment Opportunity: Versatile 479m² Block with Immediate Returns!

Seize this rare investment opportunity with a 479m² block of land currently under lease as a carpark until 31/07/2025, generating a steady rental income of $1,866 per month. Located in a high-demand area, this property offers immediate returns, making it an ideal addition to any investment portfolio. Secure your future with a hassle-free income stream for the next year.

Beyond the lease term, this residentially zoned property can remain as is or be developed into a family home. Nestled in the heart of convenience and comfort in this quiet pocket of Newcomb, the property is just a stone’s throw away from Bellarine Village and Newcomb Central shopping centres, ensuring every convenience is at your fingertips. Imagine strolling to local primary and secondary schools such as Christ the King and Newcomb Park Primary Schools, Newcomb Secondary College, and Geelong High, ensuring your children’s education is within easy reach.

Located less than 10 minutes from the bustling CBD and waterfront of Geelong, this property offers unparalleled access to city amenities while preserving a serene suburban charm. Embrace a lifestyle where parks, reserves, and sporting facilities are mere moments away, perfect for family outings and active lifestyles. Positioned on the gateway to the Bellarine Peninsula, indulge in weekend getaways to breathtaking beaches, renowned wineries, vibrant markets, and endless local attractions that define the essence of coastal living.

Don’t miss out on this dual-phase investment gem!