SOLD
Sold on 05 Aug 2023 for $950,000

16 Fairmont Road
Newtown VIC 3220

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 165m2
Land area: 709m2
Sold By
McGrath Geelong | Newtown
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Property Details for 16 Fairmont Rd, Newtown

16 Fairmont Rd, Newtown is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 709m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 3 bedroom House sold in Newtown in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
165m2
Land Size
709m2
Local Government
Greater Geelong
Lot/Plan
63/LP18612

Last Listing description (June 2024)

Presenting an extraordinary opportunity occupying an impressive north-facing 709m2(approx.) allotment. The property provides a multitude of options for the astute purchaser, whether it's exploring its development potential, crafting your dream residence or developing multiple townhouses (STCA). With convenient rear street access from Allen Street, this expansive allotment beckons those with an eye for potential.

Boasting three bedrooms, each equipped with built-in robes and provides comfortable accommodation for a family, whilst offering room for renovations to add value in this highly sought after precinct. The L-shaped kitchen seamlessly connects to the lounge and dining area, creating a harmonious flow throughout. The property also features two sun-filled living areas, providing plenty of space for the whole family. The bathroom is equipped with a separate shower and bath, offering a functional layout. Additionally, there is a second toilet located near the laundry for further convenience.

With a double garage that features full rear access and a built-in workshop, the property provides ample storage and workspace. The extra rear lane access allows for the parking of boats, trailers, or caravans.

Nestled in a highly sought-after blue-chip location, the property is just a short stroll to the Barwon River and local parks, as well as Fyans Park and St Roberts Primary School. With the respected private school precinct of Newtown, the cafes, restaurants, and upscale boutiques of Pakington Street, and the added convenience of being less than 10 minutes from the CBD, all contribute to the irresistible appeal.

Don't miss this exceptional opportunity that seamlessly combines location, versatility, and a highly desirable lifestyle. The chance to secure this property is a rare gem that promises not only a prime location but also endless possibilities for a truly remarkable living experience.

- 709m2 (approx.) north facing block
- Development potential (STCA)
- Close to top schools, cafes and shops
- Rear access from Allen Street
- Build your dream home or add value to existing dwelling (STCA)

Property History for 16 Fairmont Rd, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$950,000
05 Aug 2023
Listed for Rent
$500/w
26 Sep 2023
  • 08 Sep 2023
    Listed for Rent $500 / week
  • 05 Aug 2023
    Sold for $950,000
  • 07 Jul 2023
    Listed for Sale Not Disclosed
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About Newtown 3220

The size of Newtown is approximately 5.8 square kilometres. It has 20 parks covering nearly 17.4% of total area. The population of Newtown in 2011 was 9,681 people. By 2016 the population was 10,154 showing a population growth of 4.9% in the area during that time. The predominant age group in Newtown is 10-19 years. Households in Newtown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 69.1% of the homes in Newtown were owner-occupied compared with 69.6% in 2016.

Newtown has 5,734 properties.

    There are currently 4 properties listed for sale, and 10 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Newtown.

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    Disclaimer
    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.