1-4/2 Bayley Street, Geelong VIC 3220

This inner-city property presents buyers with the ultimate investment opportunity. Boasting four units with a potential combined rental return of $1,500 per week, this is the perfect addition to your portfolio.

The site is also ideal for redevelopment into multi-storey apartment or townhouse development STCA. A restrictive height covenant will be placed on Title prior to settlement.

This central location places the delights of the Waterfront and Geelong CBD virtually on your doorstep. So why not enjoy some retail therapy, stroll along the picturesque Waterfront, or head to the vibrant foodie destination of Little Malop Street. Melbourne commuters can walk to the Geelong Train Station, while Deakin University (Waterfront Campus) is a heartbeat away for students.

Expressions of Interest ends 3pm Thursday 31th March 2022.

Each unit features:

- Open plan living/dining zone for relaxation
- Kitchen with stainless steel cooking appliances
- Two bedrooms with built-in robes
- Bathroom and laundry completing the layout
- A split-system air conditioner for comfort
- A single carport providing off-street parking
- Upstairs units feature sun-drenched balconies