12 York St, Geelong is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 182m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
This inner-city cottage is ripe for reinvigoration. Set on 190sqm, with its favourable setback and side parking access, the compact floorplan is a creative use of space, and it offers an easy footprint to work with. There is no hiding from the fact that the home needs maintenance and renovation, but it offers extraordinary scope and potential. The property is perfectly positioned to capitalise the high short term accommodation demand, it makes for a captivating inner-city home, and it boasts significant potential to redevelop and build a new home on. The property is within 200metre of the Geelong Waterfront and is moments from the thriving Pakington Street Caf precinct and minutes from the array of restaurants in the Geelong CBD. The simple configuration of the floor plan includes 2 bedrooms, lounge, kitchen, bathroom, an external laundry, and a north facing rear aspect. The home offers off street parking, a recently added split system, a generous main bedroom, and scope to add value and personalise to suit. Please note if the properties are sold to separate buyers, fences to reflect the new title boundaries will be erected prior to settlement.
Potential rent return at $310 per week. To discuss in further detail please contact Emily Reid on 0411 497 783.
To protect the health and safety of all Gartland Property staff and clients, and in line with current COVID-19 updates, you will be asked to adhere to the current Victorian restrictions when inspecting this property.
These include;
Keeping 1.5m distance during your visit, where possible.
The size of Geelong is approximately 3.3 square kilometres. It has 17 parks covering nearly 8.9% of total area. The population of Geelong in 2011 was 4,700 people. By 2016 the population was 5,220 showing a population growth of 11.1% in the area during that time. The predominant age group in Geelong is 20-29 years. Households in Geelong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geelong work in a professional occupation. In 2011, 55.3% of the homes in Geelong were owner-occupied compared with 54% in 2016.
Geelong has 6,153 properties. Over the last 5 years, Houses in Geelong have seen a 24.56% increase in median value, while Units have seen a 10.33% increase. As at 31 August 2024:
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