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For sale

5 Markshill Place,
Lara 3212, Victoria

3 bedrooms
2 bathrooms
2 car spaces
745m² land size
House

$550,000

Property Price Statement

Property details

Corner Block with Exciting Future Potential

Perfectly positioned in a quiet and established pocket of Lara, 5 Markshill Place offers an exciting opportunity on a substantial 745m2 (approx.) corner allotment, with potential for subdivision or future development (STCA).

The existing home offers three bedrooms, two bathrooms and two separate living zones, providing a comfortable foundation for first home buyers while also presenting plenty of scope for those looking to renovate, modernise and add value.

The generous corner position provides flexibility rarely found in today's market, making this property equally appealing to first home buyers, renovators, investors and developers looking for their next project.

Location is another standout, with the property conveniently positioned close to Lara's shopping precinct, local schools, childcare, parks, sporting facilities, cafes and public transport, while Lara Train Station and easy access to Geelong and Melbourne are also within easy reach. Everything you need is close by, making day-to-day living incredibly convenient.

Key Features:
• 745m2 approx.) corner allotment
• Potential subdivision/development opportunity (STCA)
• Three bedrooms
• Two bathrooms
• Two separate living zones
• Excellent renovation potential
• Ideal for first home buyers, renovators, investors or developers
• Close to schools, shops, cafes, parks and sporting facilities
• Convenient access to Lara Train Station, Geelong and Melbourne
• Quiet, established and highly convenient location

*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*

*Photo ID is required at all open for inspections.*

*Virtually staged for illustrative purposes*

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Inspections

Explore the area

Static map image for property View in Google Maps

School catchments

  • Lara Primary School Primary Prep-6 Government 0.69km
  • St Anthony's School Primary Prep-6 Catholic 1.2km
  • Lara Lake Primary School Primary Prep-6 Government 1.5km
  • Geelong Grammar School - Corio Campus Combined Prep-12 Independent 5.4km
  • Northern Bay P-12 College-Hendy Street P-8 Campus Combined Government 6.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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