3 Strong St, South Geelong is a bedroom, bathroom House. The property has a land size of 1124m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
This spectacular inner-city investment or redevelopment proposition offers approximately 1129sqm of land, it is set over 2 titles, and features dual access. The property has a 20-metre frontage and currently offers potential for multiple tenancies; significant indoor and outdoor space for the occupier; or the opportunity to clear the site and develop to suit your individual needs. The dwelling at the front of the property would be ideally renovated and converted into office space; the garage boasts parking at the front and a generous workshop area. On the south side of the property is self-contained unit, that is exceptionally spacious in size, it features its own garage and boasts its own private access at the rear. The 2 titles that make up the parcel offer the incoming buyer a chance to realign the titles to create greater symmetry for any future development. The inner-city position is highly accessible and extremely convenient ensuring that any redevelopment of the property will add significant value.
The size of South Geelong is approximately 2.5 square kilometres. It has 7 parks covering nearly 16.4% of total area. The population of South Geelong in 2011 was 907 people. By 2016 the population was 986 showing a population growth of 8.7% in the area during that time. The predominant age group in South Geelong is 20-29 years. Households in South Geelong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Geelong work in a professional occupation. In 2011, 62.3% of the homes in South Geelong were owner-occupied compared with 59.2% in 2016.
South Geelong has 1,199 properties. Over the last 5 years, Houses in South Geelong have seen a 29.27% increase in median value, while Units have seen a 12.49% increase. As at 31 October 2024:
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