199 Bacchus Marsh Road, Corio, VIC 3214
Corio 2Zimmer Investors - Subdivision Potential on 664m2
$449,000 - $489,000Perfectly positioned in a well-connected pocket of Corio, 199 Bacchus Marsh Road presents an exciting opportunity for Developers, first-home buyers, investors, and renovators alike. Set on a generous 664m² allotment, this neat 2-bedroom home offers comfortable living now, with plenty of scope to add value in the future.
This property presents an excellent opportunity for subdivision potential. In 2011, the owner obtained preliminary council approval for a two-lot subdivision while retaining the existing dwelling, demonstrating the viability of such a development. Although this approval has since lapsed, it provides valuable insight into the property's potential. The selling agent holds the supporting documentation and can provide interested purchasers with further detail, offering clarity and assurance for those considering future subdivision plans.
Key features:
? Two well-sized bedrooms
? Central bathroom with separate toilet
? Light-filled living area
? Practical kitchen and meals zone
? Single garage
? Expansive backyard with development potential (STCA)
For first-home buyers, the property delivers an affordable entry into the market, with everyday amenities just moments away, schools, Corio Village Shopping Centre within walking distance, public transport right next door, and seamless access to the Geelong Ring Road.
For investors, the home's location and generous land size offer strong rental appeal and the potential for capital growth, making it an excellent addition to any portfolio.
Whether you're looking to move straight in, renovate and create your dream home, or secure a property with long-term investment prospects, this address ticks all the boxes.
*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.*