Situated on the Bellarine Highway at Newcomb, east of Geelong, this property began life more than 50 years ago as your typical suburban home, but today you have choices.
1. Do you keep it as a family home,
2. Do you run your own business from here,
3. Do you buy it as a business investment with professional tenants or
4. Do you develop the...
Situated on the Bellarine Highway at Newcomb, east of Geelong, this property began life more than 50 years ago as your typical suburban home, but today you have choices.
1. Do you keep it as a family home,
2. Do you run your own business from here,
3. Do you buy it as a business investment with professional tenants or
4. Do you develop the site?
WOW, so much choice!
NOTE: 'Better still there is NO GST when buying an existing residential property'
If you are looking for your first home, then why not buy a property that is situated in residential zoning but has far more future upside already built in than the average house in the suburbs.
Live here and enjoy the upside of this growing, in-demand suburb located only minutes from Geelong city, or operate a high-exposure home base business.
If that's not enough upside, then why not just rent out the property to professional practitioners by the room as a high-return investment.
The owners currently run a massage therapy business out of the building and are looking to lease a consulting room back, once the listing is sold, one day a week.
This presents a savvy small business owner, investor or even first home buyer with a unique opportunity to either:
- Move a business in and share occupancy to make a separate income
- Land an affordable gem with your first foray into the property market
- Invest and lease all three consulting rooms at a potential yearly income of $30,000-$35,000, if fully occupied
With three consulting rooms, a large 660m2 block, polished timber floors throughout, plus very serviceable kitchen and bathroom facilities, and ample rear parking it is a perfect starter or home base.
Accountants, financial planners, mortgage brokers, physiotherapists and even tradies, could happily establish themselves at this property and be exposed to tens of thousands of eyes passing by each day.
The building has also had an electrical upgrade throughout and a freshly painted roof.
Whether you're a business owner, investor or looking to get into the property market, this listing presents opportunities galore.
This property will be sold by auction and for more information you can contact Wes Thornton at Buxton Geelong East on 0419315727.
Listing Website
669 m²
