9 Foster Street
South Geelong, VIC 3220

Overview

High-Potential Property with Immediate Rental Return

A rare and rewarding opportunity awaits in one of South Geelong's most tightly held pockets, where position, flexibility, and future potential combine to create an exceptional offering.Set on approximately 486m² with a prized northern rear aspect, this versatile property also benefits from valuable rear access-an increasingly sought-after feature that enhances both liveability and development potential. Whether you're an investor, renovator, or visionary builder, the possibilities here are truly compelling.Currently occupying the allotment are two self-contained dwellings, presenting dual-income potential or the option to live in one while leasing the other as you plan your next move.The main residence offers comfortable accommodation with an open plan living and family zone, two well-proportioned bedrooms, a functional kitchen with adjoining dining area, a neat central bathroom, and a separate laundry.Privately positioned at the rear, the second dwelling comprises a light-filled living and dining space adjoining the kitchen, one bedroom, a tidy bathroom, and its own separate laundry-ideal for extended family, guests, or rental income.For those looking to capitalise further, renovate and extend the existing homes, or take advantage of the generous allotment to design and build your dream residence (S.T.C.A). In a location as desirable as South Geelong, any investment made here is one that will be well rewarded.Close to local amenities, transport, schools, and the vibrant Geelong CBD, this is a property that delivers both immediate returns and exciting future prospects.

Location