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50 Lovely Banks Road
Lovely Banks VIC 3213
50 Lovely Banks Road
Lovely Banks VIC 3213
50 Lovely Banks Road, Lovely Banks VIC 3213
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Property was sold on 18 May 2022.
Sold on 18 May 2022.
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Share Property
50 Lovely Banks Road
Lovely Banks VIC 3213
50 Lovely Banks Road
Lovely Banks VIC 3213
50 Lovely Banks Road, Lovely Banks VIC 3213
•
Property was sold on 18 May 2022.
Sold on 18 May 2022.
•
On behalf of our Seller, the Award Winning team at Barry Plant Geelong proudly presents by way of Private Sale, 50 Lovely Banks Road, Lovely Banks. 23,268m2 approx. (5.749 acres) of the best real estate you could possibly find is within grasp. Located on the fringe of the thriving Geelong CBD and offering a lifestyle of unprecedented proportions is a proposal that captures the imagination of all those that wish to acquire land holdings in a zone that will continue to serve you well when looking at the opportunity as a whole. The main residence that currently occupies the land features five generous size bedrooms, 2 bathrooms and an open style kitchen with diverse living zones. The home is certainly in a position to be expanded upon to take full advantage of the endless land size on offer. Two outer buildings occupy the land and both are currently in commercial lease arrangements. The larger shed obtains an annual income of $91,384 (the lease agreement for this is available), the second shed at present obtains an annual income of $14,400 (we are awaiting the official lease for this shed). The main home is currently leased privately through our seller and obtains an annual income of $30,000. Beyond acquiring land holdings of such magnitude, you also have the ability to watch your money grow as our seller has. You can continue to obtain strong rental yields whilst you plan your direction with the acquisition, or you have the luxury of building a home of unparalleled proportions. The choice is yours.
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On behalf of our Seller, the Award Winning team at Barry Plant Geelong proudly presents by way of Private Sale, 50 Lovely Banks Road, Lovely Banks. 23,268m2 approx. (5.749 acres) of the best real estate you could possibly find is within grasp. Located on the fringe of the thriving Geelong CBD and offering a lifestyle of unprecedented proportions is a proposal that captures the imagination of all those that wish to acquire land holdings in a zone that will continue to serve you well when looking at the opportunity as a whole. The main residence that currently occupies the land features five generous size bedrooms, 2 bathrooms and an open style kitchen with diverse living zones. The home is certainly in a position to be expanded upon to take full advantage of the endless land size on offer. Two outer buildings occupy the land and both are currently in commercial lease arrangements. The larger shed obtains an annual income of $91,384 (the lease agreement for this is available), the second shed at present obtains an annual income of $14,400 (we are awaiting the official lease for this shed). The main home is currently leased privately through our seller and obtains an annual income of $30,000. Beyond acquiring land holdings of such magnitude, you also have the ability to watch your money grow as our seller has. You can continue to obtain strong rental yields whilst you plan your direction with the acquisition, or you have the luxury of building a home of unparalleled proportions. The choice is yours.