$1,298,000 - $1,335,000

6 Bed  •  4 Bath  •  5 Car  •  713m²

Main view of Homely block of units listing, 1,2,3,4/105 Kilgour Street, Geelong VIC 3220
Floorplan of Homely block of units listing, 1,2,3,4/105 Kilgour Street, Geelong VIC 3220
Second view of Homely block of units listing, 1,2,3,4/105 Kilgour Street, Geelong VIC 3220
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1,2,3,4/105 Kilgour Street, Geelong VIC 3220

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$1,298,000 - $1,335,000

  • 6
  • 4
  • 5
  • 713m²

Block of Units for sale4 days on Homely

What's around Kilgour Street

Block of Units description

“Rare Multi-Unit Investment Opportunity – Prime Position Near Geelong CBD”

Located just minutes from the heart of Geelong, this unique property offers a rare opportunity for savvy investors, developers, or renovators. Set on approximately 713sqm, the complex comprises four self-contained units on a single title, with strong potential for future value uplift.

Originally built in 60s the property includes:
• 3 x One-Bedroom Units – Two have been stylishly updated and are currently in excellent condition. The third, while neat and functional, offers scope for renovation to maximise rental yield.
• 1 x Three-Bedroom Unit – A spacious residence more akin to a small home, featuring open-plan living and dining areas, bathroom, and access to a large concreted outdoor area (currently not on title, but may be available for acquisition through council processes).

With council approval, the four units could possibly be individually titled, providing an exciting subdivision or strata opportunity for those willing to undertake the process – a task more time-oriented than costly.

Currently returning approximately 6%, this property is ideal for:
• Investors seeking solid returns with future potential,
• First-time developers or tradespeople looking for a hands-on project,
• Buyers seeking a multi-income investment close to amenities.

UNIT 1 $360 per week
UNIT 2 $280 per week
UNIT 3 $400 per week
UNIT 4 $420 per week

Opportunities like this – with flexibility, upside, and a prime location close to Geelong's city centre – are increasingly hard to find.

Inspection by private appointment only – contact us today to explore the potential.

Land details

Area: 713m²

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Third view of Homely block of units listing, 1,2,3,4/105 Kilgour Street, Geelong VIC 3220View more
Fourth view of Homely block of units listing, 1,2,3,4/105 Kilgour Street, Geelong VIC 3220View more

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1,2,3,4/105 Kilgour Street, Geelong VIC 3220
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