1, 2, 3 & 4/34 Sandringham Parade, Newtown VIC 3220

A once-in-a-lifetime opportunity in a highly sought-after location, this block of 4, individually titled, two-bedroom villa units are offered individually or together, as an investment - or development opportunity (STCA) - not to be ignored. Retain them investments with excellent occupancy, refresh one or all for some quick rewards or redevelop. Whatever you choose, you can't go wrong in this thriving location.

• The current configuration of simple, easily-maintained 2 bedroom villas, each with garage parking is exactly what the market demands. Set and forget investing that is ready to deliver a return!
• Comfortably presented for living or leasing, a quick cosmetic renewal would undoubtedly deliver some easy rewards.
• Set on a remarkable allotment of 961 square metres (approx.) with a generous northern aspect, the possibilities here are staggering.
• Surrounded by wonderful cafes and moments from the banks of the Barwon River, this location is pivotal to Geelong's sophisticated lifestyle offerings, cafes, and a selection of elite schools that include Geelong College and St Joseph's.
• Just a few minutes from GMHBA Stadium, South Geelong Railway Station, and the Geelong CBD, this is a location of enduring market appeal that is destined to reap the rewards of Geelong's surging popularity.

Current annual return is $62,048, with a realistic potential of $73,000.
Outgoings are currently $8,685.88pa