Development Ready: Large Block with Approved Plans for 4 Townhouses

Discover an unparalleled investment opportunity with this expansive property, set over 1,394m² of prime land in the heart of Corio. Perfectly suited for investors or developers, this property is a gem for those looking to buy now, earn rental income, and plan for future development.

Currently, the property features a rented residence with three spacious bedrooms, two bathrooms, and two living areas, providing immediate rental returns while you plan your development project. With approved plans already in place for four single-level townhouses, this site is primed for transformation.

Each approved townhouse design includes three bedrooms, two bathrooms, an open-plan living, dining, and kitchen area, and a single-car garage. Each townhouse will also benefit from street frontage and private rear yards.

Situated in the popular Corio investment market, this property benefits from its strategic location. Less than an hour’s drive to Melbourne City and in close proximity to Geelong CBD and the Surf Coast, Corio is a hub of residential and commercial growth. The area’s appeal is continuously rising, attracting investors from Melbourne and Sydney due to its promising development potential and excellent connectivity.

For those interested in capitalising on this exceptional opportunity, plans and permits are available upon request.

Don’t miss out on this chance to secure a valuable asset in a burgeoning market. Contact us today to learn more and arrange a viewing of this promising property at 8-10 Como Road.

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Jess Templeton

4/240 Pakington Street Geelong West VIC 3218