Here is a golden opportunity ready for the smart Speculator/ investor to invest in. Comprising, 4 bedrooms plus study home positioned on 6 acres, If/ when a planing application is lodged, there is support in the Geelong Planning Scheme for the rezoning of the area referred to as ‘Manzeene Avenue’ from the RLZ to R1Z*. The area is identified for conventional infill residential development. Please refer to the following links: http://planningschemes.dpcd.vic.gov.au/greatergeelong/ordinance/21_mss13_ggee.pdf
hhtp://www.geelongaustralia.com.au/common/public/documents/8cdd8529fea9cbe-Lara%20Structure%20Plan%Adopted%20April%202011.pdf
With 2 road frontages and being positioned in a growing rural town, you could reap a rental potential of $450pw while awaiting plans to re-zone (STCA). The brick veneer home has been lovingly renovated, comprising of large kitchen with cathedral ceilings and dishwasher. 3 separate living areas, lounge with cut stone feature wall and gas stone open fire creating a beautiful atmosphere. Gallery/rumpus room with polished timber floors and timber ceilings. The master bedroom features ensuite and WIR, all other bedrooms comprise BIRs. The home is kept comfortable by electric ducted heating and cooling. Outside the quality continues with paved undercover entertainment area, solar heated in-ground pool, 4 car carport, 6m x 6m concreted & powered shed. Don’t miss out on this rare opportunity!
*Conditions of any land being rezoned is subject to the Planning & Environment Act 1987, particularly requirements relating to the planning scheme amendment process.