This versatile Hamlyn Heights property presents a golden opportunity for a savvy buyer to snap up, unlock its vast potential and reap the benefits.
Ideally set on a Ballarat Road corner location, this property offers up a range of exciting options including the potential for future development, or you can captalise on the eye-catching exposure that the location provides.
Subject to council approval, the existing dwelling is perfectly suited to a buyer looking to set up a clinic or practice such as medical, massage, dentistry, veterinary practice or a home-based business, with excellent street exposure and land at the rear for off-street parking.
Given the location, and proposed nearby development, this property’s current entry-level price is poised to rise and rise again in coming years as land sub divisions continue to be released in Geelong’s west and north west.
With new land releases traditionally being 350-450m2, this site would be considered large by today’s standards at approximately 543m2.
The home itself has stood the test of time and is not to be underrated. It is the perfect property for a first home-buyer to cut their teeth in the market, or a buyer looking for an investment property. It consists of two bedrooms, a central bathroom, large lounge and dining area, and updated kitchen.
The home has been updated ready for new occupants, is constructed on stumps and therefore easily extended, and located close to one of Geelong’s most sought after private schools Kardinia International College, Hamlyn Banks Primary just 2 mins away, William Parker Memorial Kindergarten and Western Heights Secondary College and has the convenience of the Vines Road shops nearby.
With such a high exposure site in an ever-popular area of Geelong, there are so many options on the table (subject to council planning and building approval)s;
- Buy to move in and enjoy the location while your property’s value organically grows.
- Set up your own clinic or home business with high exposure.
- Invest to rent the property out as a home or clinic.
At this price and with so much upside you won’t want to hesitate or you’ll miss out. For more information contact Wes Thornton as Real Estate Geelong on 0419 315 727.