INVESTMENT OPPORTUNITY WITH PLANNING PERMIT FOR 2 LOT SUBDIVISION!! - 719M2 BLOCK

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80 Fairbairn Drive, Corio VIC 3214

$620,000 - $649,000

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$620k - $651k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 1 Car 719 m²

Listed: 14 hours ago

Overview

This well-maintained house on a generous 719 square meter lot offers a valuable investment opportunity enhanced by an approved planning permit for a two-lot subdivision. The home’s spacious master bedroom features an ensuite, complementing the two additional bedrooms and two bathrooms that provide comfortable living spaces suitable for a family or investors seeking long-term potential.

The open-plan kitchen and dining area integrate smoothly with a separate lounge, creating versatile zones for everyday life and entertaining alike. Outside, the great-sized rear yard and undercover parking add to the property's practicality without compromising space, making outdoor activities and vehicle storage convenient and secure.

Strategically located with easy access to both Geelong and Melbourne freeways, the property stands out for its connectivity and central position, supporting a lifestyle balanced between suburban comfort and commuting ease. Whether as a family home or a development project, the property offers multi-faceted appeal supported by solid fundamentals and exciting future potential.

Generous 719 m² allotment with subdivision permit
Three bedrooms, including master with ensuite
Two bathrooms providing functional living
Open-plan kitchen and dining layout
Separate lounge room for peaceful retreat or entertaining
Undercover parking supporting practicality
Convenient access to major freeways enhancing connectivity

This blend of space, location, and approved planning sets a unique foundation for homeowners, investors, or developers looking for a property delivering both immediate comfort and future possibilities.

Local Market Insights

In Corio, Quiet Listings observed 46 new houses entering the market over the last 30 days, up from 34 during the previous 30-day period, with an average advertised asking price of $561,087. The property type mix of listed properties is predominantly Houses at 84%, followed by commercial properties (7%), and units (4%). The most active agency for houses in the Corio area is currently Area Specialist, representing 26% of new listings, followed by Harcourts with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.