Prime Opportunity in Newtown

Perfectly positioned in one of Geelong's most sought-after suburbs, this exceptional property offers the ultimate in convenience and lifestyle. Enjoy easy access to vibrant Pakington Street with its boutique shops and cafes, walk to the nearby train station or take a short drive into the Geelong CBD. With quick connectivity to the M1, commuting to Melbourne or exploring the Surf Coast is a breeze.

Set on approximately 784m² in a prized blue-chip location, this property sits within the Residential Growth Zone, offering exciting development potential (STCA). Whether you're looking to construct a multi-unit development (potential for 3-4 townhouses), build your dream home, or land bank for the future, this site provides a rare and versatile opportunity. Currently generating strong returns as an AirBNB, and with an estimated long term rental return estimated in the vicinity of $500 per week, this is a viable investment strategy.

The existing home is well-maintained and full of character, featuring three bedrooms and two bathrooms. Polished timber floors add warmth and charm, while practical inclusions such as split-system heating/cooling, internal laundry, undercover entertaining deck, garden shed and expansive backyard ensure comfortable living. Whether you choose to move in, rent out, or redevelop, the potential here is undeniable!

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.

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School catchments

St Robert's School Primary Prep-6 Catholic 0.48km
Geelong Grammar School - Bostock House Campus Combined Independent 0.69km
Chilwell Primary School Primary Prep-6 Government 0.73km
The Geelong College Combined Prep-12 Independent 0.75km
Sacred Heart College Secondary 7-12 Catholic 1.1km
St Joseph's College Geelong Secondary 7-12 Catholic 1.2km
Fyans Park Primary School Primary Prep-6 Government 1.2km
Belmont Primary School Primary Prep-6 Government 1.3km
Newtown Primary School Primary Prep-6 Government 1.5km
Geelong Lutheran College - St John's Newtown Campus Combined Independent 1.5km
Matthew Flinders Girls Secondary College Secondary 7-12 Government 1.7km
Geelong South Primary School Primary Prep-6 Government 1.8km
Roslyn Primary School Primary Prep-6 Government 1.8km
Belmont High School Secondary 7-12 Government 2.0km
The Geelong College Preparatory School Combined Independent 2.0km
Montpellier Primary School Primary Prep-6 Government 2.1km
St Mary's School Primary Prep-6 Catholic 2.2km
Oberon Primary School Primary Prep-6 Government 2.3km
Highton Primary School Primary Prep-6 Government 2.4km
SEDA College (Victoria) - AFL- Geelong Secondary Independent 2.4km
Newcomb Secondary College-Victorian Sailing Water Safety School Secondary Government 3.0km
Geelong English Language School (interim name) Combined Prep-10 Government 3.1km
Geelong High School Secondary 7-12 Government 3.1km
St Joseph's College Geelong - Westcourt Campus Secondary Catholic 3.2km
Clonard College Secondary 7-12 Catholic 3.3km
Christian College Geelong - Junior School – Belmont Combined Independent 3.6km

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.

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