Located in a beautiful street on a massive 861m2 (approx) allotment, this property has endless potential for the successful purchasers to renovate the exiting home, knock down and build their dream home, or even develop (STCA) in this ever-popular pocket of Newtown. The expansive rear yard offers the perfect orientation to capitalise on potential views towards the Barwon River and Balyang Sanctuary. The existing character-filled home offers high ceilings throughout and comprises a large master bedroom with split system, bay windows, and built-in robes, a second bedroom with built in robes and a third bedroom – all serviced by the central bathroom. Two large adjoining living zones create a wealth of space and overlook the backyard. The kitchen offers gas/electric appliances, plentiful storage, and a central island bench/serving counter. Outside you will find a double garage and a 6.5m – 3.5m bungalow with water and power. Noteworthy attributes include: - 2 x Split system A/C - 2 x Gas log fires - Ducted central heating - Alarm system - Partially re-stumped - Re-wired - Re-pointed and resprayed roof - 14 panel solar PV system With a proven track record of capital appreciation, this is the ideal location for young families looking to create a great future. Being just moments away from highly sought-after education including St. Josephs College, Geelong College, Fyans Park Primary, Sacred Heart College as well as being a short drive to Pakington Street Shops and the Geelong CBD, this incredible opportunity should not be missed!