3/3a-B Hodges Ct, Breakwater is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a floor size of 106m2.
Here is a terrific opportunity to purchase two dwellings on the one title. We have the original three bedroom brick veneer house in front and at the rear of the property, there is a two bedroom self-contained unit. The house is currently vacant although previously leased at $280 per week, and the unit is leased at $250 per week until June 2018.
It is not every day that you find the chance to purchase a home and receive the benefits of a ready-made income, of course you may be looking to lease the house and receive the benefits of dual income. Or alternately you could look at moving in and down the track placing a family member into the unit.
Whatever you decide, the properties are conveniently located to local schooling, parks and a short trip will place you in the heart of the Geelong or Belmont for all your shopping needs.
The size of Breakwater is approximately 3.1 square kilometres. It has 7 parks covering nearly 32% of total area. The population of Breakwater in 2011 was 1,059 people. By 2016 the population was 1,030 showing a population decline of 2.7% in the area during that time. The predominant age group in Breakwater is 20-29 years. Households in Breakwater are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Breakwater work in a trades occupation. In 2011, 62.4% of the homes in Breakwater were owner-occupied compared with 60.8% in 2016.
Breakwater has 1,108 properties. Over the last 5 years, Houses in Breakwater have seen a 30.22% increase in median value, while Units have seen a 12.09% increase. As at 31 July 2024:
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