SOLD
Sold on 03 Jul 2024 for $325,000

110 Fairbairn Drive
Corio VIC 3214

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
Land area: 681m2
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Property Details for 110 Fairbairn Dr, Corio

Building Type
Land
Floor Size
100m2
Land Size
681m2
Local Government
Greater Geelong
Lot/Plan
496/LP123690

Last Listing description (September 2024)

Opportunity: 691m2 Approximately of vacant land in Corio

Welcome to a fantastic opportunity in within Corio! We are delighted to present an approximately of 691m2 block of land for sale, offering immense potential for buyers looking to make a smart investment or build their dream home in a thriving suburb.

Buyer Type: This property caters to a diverse range of buyers:

Home Builders: For those looking to construct a custom-designed home, this spacious block of land provides the canvas to bring your dream residence to life.
Investors: Savvy investors can see the long-term potential of acquiring land in Corio. The area's growth and demand for housing make it an attractive option for capital appreciation.
Developers: The size of the block opens up possibilities for developers to explore potential multi-dwelling or townhouse projects, subject to local council regulations.

Development Opportunity:
The 691m2 approximately block offers an exciting development opportunity for those with vision and creativity. Depending on local zoning regulations and council approvals, potential development options could include:

Subdivision: The block's size may allow for subdivision into multiple lots, enabling the construction of multiple homes or townhouses.

Multi-Dwelling Complex: Subject to council approval, the land could be utilized to build a multi-dwelling complex, catering to the growing demand for housing in the area.

Townhouses: Another possibility is the construction of townhouses, providing a great housing option for families and professionals seeking a contemporary living space.

Shopping and Dining: Corio Village Shopping Centre and other local retail precincts offer a wide range of shopping and dining experiences, meeting residents' daily needs.

Recreational Opportunities: The suburb provides access to parks, sports facilities, and leisure activities, promoting an active and healthy lifestyle.

Affordability:
Corio is known for offering more affordable housing options compared to some of the inner-city areas. As a result, buyers have an excellent chance to secure a sizable block of land at a more affordable price, making it an appealing choice for those entering the property market or seeking budget-friendly investment opportunities.

In conclusion, the 691m2 approximately block of land in Corio presents a significant opportunity for various types of buyers. Whether you are looking to build your dream home, invest in a promising area, or explore development prospects, this property has the potential to fulfill your ambitions. With its convenient location, development opportunities, and affordability, this block of land in Corio is undoubtedly a standout choice in today's competitive real estate market. Don't miss out on the chance to make this exciting opportunity yours!

Terms are strictly 10% deposit
30 - days settlement.

*All information offered by One Agency Mark Mitchell Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such One Agency Mark Mitchell Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. One Agency Mark Mitchell Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 110 Fairbairn Dr, Corio, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$325,000
03 Jul 2024
  • 03 Jul 2024
    Sold for $325,000
  • 20 May 2024
    Listed for Sale $325,000
  • 28 Jul 2023
    Listed for Sale Not Disclosed

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.