Big Corner Block with a Solid Home on 858m2!

Positioned on a generous 858m2 (approx.) corner allotment at the intersection of Teal Street and Swan Street, this property presents an exciting opportunity for buyers looking for space today with plenty of potential for tomorrow. Whether you're a first home buyer, renovator, investor or someone exploring future development possibilities, there is plenty to work with here.

The home itself has already been given a fresh start with new carpets and fresh paint throughout, while still leaving plenty of scope for the next owner to add their own style and improvements over time.

The practical floorplan offers four bedrooms, including a main bedroom with built-in robe and ensuite, with the remaining bedrooms serviced by the central family bathroom and separate toilet. Two separate living areas provide flexibility for families, while the central kitchen connects with the adjoining living and dining space.

The kitchen and bathrooms remain largely original and are ready for their next chapter, making this a home where you can comfortably see the potential without paying for somebody else's renovation.

Outside, the 859m2 (approx.) corner block is the real standout. With frontage and access opportunities from both Teal Street and Swan Street, the property may offer potential for future development or subdivision (STCA), while still providing a substantial established home and yard in its current form. A double carport, separate garage and established gardens add further practicality.

The location places all of Lara's everyday conveniences within easy reach, including Lara Shopping Centre, Lara Train Station, the popular Lara Lake Primary School, a range of other primary and secondary schools, Lara Lake Reserve, Lara Aquatic Centre and Lara Golf Club. Commuting is also made easy, with convenient access to the Princes Freeway providing connections to both Geelong and Melbourne, while the You Yangs and Hovells Creek Reserve offer plenty of options for outdoor recreation nearby.

5 Teal Street is all about seeing the opportunity. There's some work to be done and plenty of room to make it your own, but with four bedrooms, multiple living areas, an 858m2 (approx.) corner allotment and exciting future possibilities (STCA), the foundations are already here.

*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.*

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

View in Google Maps

School catchments

Lara Lake Primary School Primary Prep-6 Government 1.9km
Lara Secondary College Secondary 7-12 Government 2.0km
Lara Primary School Primary Prep-6 Government 2.3km
St Anthony's School Primary Prep-6 Catholic 3.2km
Geelong Grammar School - Corio Campus Combined Prep-12 Independent 3.8km
Northern Bay P-12 College-Hendy Street P-8 Campus Combined Government 5.8km
St Francis Xavier School Primary Prep-6 Catholic 6.5km
Geelong English Language School (interim name)-Corio Campus Combined Government 7.0km
Northern Bay P-12 College-Wexford Court P-8 Campus Combined Government 7.0km
Northern Bay P-12 College Combined Prep-12 Government 7.2km
Yea High School-Goldsworthy Road Campus Secondary Government 7.5km
Northern Bay P-12 College-Tallis Street P-8 Campus Combined Government 7.5km
St Thomas Aquinas School Primary Prep-6 Catholic 7.9km
Sirius College - Geelong Campus Combined Independent 8.2km
Geelong Baptist College Combined Prep-12 Independent 8.5km
Northern Bay P-12 College-Peacock Avenue P-8 Campus Combined Government 8.7km
Kardinia International College - Kardinia Grove Campus Combined Independent 9.6km
Geelong English Language School (interim name)-North Geelong Campus Combined Government 10.6km
North Geelong Secondary College Secondary 7-12 Government 10.6km
SEDA College (Victoria) - Multi Geelong Secondary Independent 10.7km

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.