A rare opportunity to purchase 2 titles side by side and develop a multi complex site (STCA) in Whittington's best street, on the fringe of East Geelong/Newcomb. Location is key! Offering residents access to an array of amenities including: Public transport, Shopping centres, local shops, public schools, Tafe College, popular eateries, 5 minute drive to Eastern Gardens, Waterfront, short trips to Geelong CBD & Hospitals.
This exceptional opportunity in this terrific street will maximize your profits. Another point to consider is the surrounding community is ageing and there is a greater need for downsizing than ever before!
Details as follows:
- Land size 2800m2 over 2 titles
- Zoned General Residential 1
- Rental income whilst you develop plans
- Growth location, unit median prices up 8.5% in the last 15 months
- Option to remove and sell existing house rather than demolish