$563,000

2 Bed  •  1 Bath  •  2 Car  •  647m²

McGrath - Geelong | Newtown
Main view of Homely house listing, 132 Thompson Road, North Geelong VIC 3215
Floorplan of Homely house listing, 132 Thompson Road, North Geelong VIC 3215
Second view of Homely house listing, 132 Thompson Road, North Geelong VIC 3215
+4

Sold

132 Thompson Road, North Geelong VIC 3215

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$563,000

  • 2
  • 1
  • 2
  • 647m²

House Sold on Thu 27 Feb, 2025

What's around Thompson Road

House description

“Development Opportunity (STCA) Walking Distance to Train Station”

This property is the perfect opportunity for developers and investors. It offers a generous block size of approximately 647 sqm and a perfect long-term tenant. With a driveway clearance of approximately four meters, the site is well-suited for rear access and future development (STCA).

The home features two bedrooms, one with built-in robes and a central bathroom with a new shower. The updated kitchen includes a four-burner electric cooktop, oven, dishwasher and a large island with storage and seating, making it both functional and stylish. The living area is equipped with a new split system for heating and cooling, ensuring year-round comfort. Additional features include a two-car garage with a workshop and European Laundry.

This property also offers excellent rental potential, currently rented at $420p/w, making it an attractive investment option. With all the work done, this property is ideal to set and forget or make your first home with endless potential.

Conveniently located, the property is within walking distance of Separation Street shops and just a short drive from Bell Park Plaza, Shannon Avenue shops and Pakington Street. It provides easy access to major transport links, including the Ring Road and Princes Highway. The Geelong CBD is only 5km away, with the waterfront at 4km and the North Geelong Train Station just 1.3km away. This property offers an outstanding opportunity because it combines development potential, rental income and a convenient location.

- Generous block size of approx. 647sqm, ideal for development (STCA)
- Driveway clearance of approx. 4m, allowing for rear access
- Two bedrooms, one with built-in robes and a central bathroom with a new shower
- Updated kitchen with a four-burner electric cooktop, oven, dishwasher and large island with storage and seating
- Living area with a new split system for heating and cooling
- Two-car garage with a workshop for added convenience
- Excellent rental potential, currently rented at $420 per week
- Walking distance to Separation St shops and close to Bell Park Plaza, Shannon Ave and Pakington St
- Easy access to the Ring Road, Princes Highway and public transport, with North Geelong Train Station just 1.3km away
- Prime location 5km from Geelong CBD, 4km from the waterfront and offering endless potential for developers or first-home buyers

Land details

Area: 647m²

Documents

Statement of Information: View

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