3 Great Britain Street, Herne Hill

ABOUT THE PROPERTY

Bedrooms
3
Bathrooms
0
Car spaces
0
Land size
602 m2
Building size
-
Council area
Greater Geelong
Year built
n/a
Lot plan
13/LP23611 Herne Hill VIC
House type
Unit: Standard



HISTORY

Last sold 16/08/2016
$380,000



LISTING DESCRIPTION
as of August 2016

SOLD PRIOR TO AUCTION! Perfectly poised for its next chapter, is this extremely rare allotment home to three separate residences.A gem like this offers tremendous potential for development (STCA) or leave as is and reap the rental rewards of the three properties combined. Offering a three bedroom home and two one bedroom units generously set on approximately 601m2! This incredible opportunity in a tightly held pocket of Herne Hill that is in high demand due to its impressive location - close to Holy Spirit Primary School, some of the state's best high schools, walking tracks, bike trails, the Barwon River, public transport and easy access to the Geelong Ring Road. The front property comprises of three bedrooms, 2 with built in robes, large living room with separate original kitchen, bathroom with bath, shower and single vanity and a rear laundry with separate toilet. The back two units offer, one bedroom, living zone & kitchen, joint laundry/bathroom, shower and separate toilet. Externally there is a private yard and 4 carport spaces. The astute developer is sure to revel in the possibilities or for the savvy investor here's one to add to the portfolio. In a growing area and very popular demand for rentals, this little asset will return generously in the short term and grow in capital for the long time.Current market value for all three properties combinedis $550 per week (approx.).Roncon Real Estate - An Agency like no other!All stated dimensions and areas are approximate. Particulars herein are for information only and do not constitute representation by the Owner or Agent.