124 Wilsons RoadNewcomb VIC 3219
Property Details for 124 Wilsons Rd, Newcomb
124 Wilsons Rd, Newcomb is a 3 bedroom, 1 bathroom House and was built in 1910. The property has a land size of 669m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Newcomb in the last 12 months.
Last Listing description (November 2023)
Nestled just a brief 10-minute drive from Geelong's vibrant CBD and picturesque waterfront, this exquisite heritage retreat offers a unique fusion of classic allure and contemporary living. A haven of tranquility, this residence effortlessly harmonizes the grace of yesteryears with the comforts of today, presenting an ideal retreat to call your own.
Step beyond the charming white picket fence and be welcomed by the enduring beauty of this Edwardian home with high ceilings & thoughtfully integrated with modern design elements, all set over 669m2 of land.
Warmth radiates from the living area, boasting an original open fireplace and gleaming polished timber floorboards, setting the stage for cozy gatherings.
Three spacious bedrooms featuring built-in robes offer comfortable accommodations, completing the sanctuary of this abode.
Slide open the patio doors to effortlessly merge indoor and outdoor living, expanding your dining area to the alluring undercover patio. Spend leisurely afternoons on hanging chairs, overlooking the pet-friendly backyard, and relish in cherished moments around the fire pit during cool evenings. The property also boasts side access to the rear yard and a capacious driveway with electric gates for secure car accommodation.
Modern luxuries are yours to enjoy, with ducted heating, split system air conditioning, and a renovated family bathroom. The expansive 669m2 allotment provides ample space for future enhancements, allowing your imagination to flourish.
Ideally situated, this residence enjoys a leisurely proximity to Eastern Park, hosting sporting grounds, Geelong Botanical Gardens, and the East Geelong Golf Club. Public transport, a stone's throw away from Bellarine Village Shopping Centre and Newcomb Central Shopping Centre and reputable schools are conveniently within reach. The Garden Street shopping precinct invites you to indulge in retail therapy, while Geelong's heart and the captivating Bellarine Peninsula beckon for exploration.
Rare and timeless, this Edwardian gem offers you the chance to own a piece of Geelong's rich history while indulging in modern living. Seize this unique proposition today.
The property is currently utilized as an Airbnb, generating an impressive annual income ranging from $32,000 to $42,000. This established income stream provides immediate financial benefits to the investor. The property is currently managed and can remain fully furnished, making it a turnkey investment opportunity. All marketing collateral and management details can be provided, ensuring a seamless transition for the new owner.
Additionally, the property would achieve an approximate weekly rental return of $450 per week. This steady income from long-term rentals provides an alternative income stream and ensures a consistent cash flow.
Contact us to witness the seamless blend of classic charm and modern sophistication firsthand. Your dream heritage retreat is waiting.
Property History for 124 Wilsons Rd, Newcomb, VIC 3219
- 23 Apr 2024Sold for $630,000
- 17 Aug 2023Listed for Sale $595,000-$654,500
- 03 Nov 2018Sold for $525,000
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About Newcomb 3219
The size of Newcomb is approximately 3.6 square kilometres. It has 8 parks covering nearly 2.1% of total area. The population of Newcomb in 2011 was 4,519 people. By 2016 the population was 4,490 showing a population decline of 0.6% in the area during that time. The predominant age group in Newcomb is 20-29 years. Households in Newcomb are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newcomb work in a trades occupation. In 2011, 65.2% of the homes in Newcomb were owner-occupied compared with 59% in 2016.
Newcomb has 2,835 properties. Over the last 5 years, Houses in Newcomb have seen a 32.65% increase in median value, while Units have seen a 27.37% increase. As at 31 July 2024:
- The median value for Houses in Newcomb is $594,298 while the median value for Units is $445,582.
- Houses have a median rent of $430 while Units have a median rent of $400.
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