This is a house in 1/PS410114 Whittington VIC. Comparable sales have been around $810,000. Built in 1850, featuring 4 bedrooms, 2 bathrooms.
Exceptional Development Opportunity Set on 972sqm this stunning property boasts multiple opportunities. The building is positioned right on the North west boundary of the allotment allowing exceptional access to the remainder of the block and opening up the opportunity for subdivision. The property has been beautifully renovated and is currently leased at $600 per week. The immediate income is complemented by the current proposed plan of subdivision which highlights one of a number of development options. The existing building is positioned to create maximum set back efficiencies and options include a single or multiple subdivision along with commercial potential. A basic subdivision; cut the property in half and create a vacant parcel of land to build your own home or investment; or utilise the Boundary Road frontage to create a 3-lot subdivision. There is scope to maximise the commercial aspect of the property; STCA the opportunity exists for consulting rooms; medical, financial or service based. The amount of surrounding land can be developed further in to car parking; the location is highly visible, centrally located and easily accessible. It is close to the Geelong CBD, Bellarine Village, Gordan Tafe College and the East Geelong Primary School.