Located in popular Corio, this charming 3-bedroom residence presents an enticing opportunity for a range of buyers. Situated on an expansive block of 720m2 (approx.), this property not only offers comfortable living but also holds the promise of future development with approved plans and permits for 5 townhouses. Upon entering, you are welcomed by a spacious living area that flows seamlessly into the kitchen/dining area. The kitchen is equipped with gas cooking, ample bench and cupboard space and enough room for your dining table too. The home is complete with 3 great sized bedrooms, all featuring built in robes. The central family bathroom is close by with shower, vanity and separate toilet. Stepping outside, you'll discover a delightful outdoor space featuring a single lock-up garage and an additional carport, providing secure parking and storage options. Includes approved plans and permits for the following: Townhouse 1 offers 3 bedrooms with the master suite downstairs with built in robes and ensuite. Whilst the remaining two bedrooms are upstairs and are complete with built in robes and there is a central family bathroom located close by. The home is complete with a single car lock up garage and an additional car space. Townhouse 2, 3 & 4 are all complete with 3 bedrooms - the master suite downstairs with built in robes and ensuite. Whilst the remaining two bedrooms are upstairs and are complete with built in robes and there is a central family bathroom located close by. Both townhouses are complete with balconies and a single lock up garage with an additional car space. Townhouse 5 is complete with two bedrooms upstairs, the master featuring walk in robe through to the ensuite. The remaining bedroom offers a built in robe and ensuite. The spacious kitchen, meals and living space is located downstairs and is complete with a single lock up garage. The location here is simply superb, close to all major and local amenities and within easy access to the Princes Highway for commuters to Melbourne in 50 minutes and Geelong CBD in 10 minutes. Do not miss this opportunity, it won't last long.