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20 Donax Road, Corio, VIC 3214, 0 Bedrooms, 0 Bathrooms, Section

$399,000 - $438,000 (4x Townhouse Approved)

20 Donax Road, Corio, VIC 3214

575m2
SectionListed on Thu Jan 9

Corio Investment Dream With Multiple plans waiting, Approved Plans for 4 Units / Approved Plans for 9 Rooming House.

20 Donax Road presents a rare and lucrative opportunity for developers and investors. This expansive block of land comes with approved permits for a 9-bedroom, 9-bathroom rooming house and the construction of 4 modern townhouses, making it an ideal site for a multi-faceted residential project. With ample space and a prime location, this property offers enormous potential for capital growth and long-term profitability.

The 9-bedroom, 9-bathroom rooming house permits allow for the creation of a shared living space that caters to a growing demand for affordable rental accommodations. The design allows for flexible living arrangements, with each room having its own en-suite bathroom, making it a highly desirable option for tenants seeking privacy and convenience. This development offers a steady rental income stream and addresses the demand for rooming houses in the area.

In addition to the rooming house, the permits also include plans for the construction of 4 stylish townhouses. These contemporary, low-maintenance homes will appeal to a variety of buyers, from young professionals to small families. Each townhouse will feature modern designs, high-quality finishes, and private outdoor spaces, offering an attractive living option in a rapidly growing neighborhood.

- Plans Permit Approved for 4 Units

- Plans Approved for 9 Bedroom Rooming House

- Close to All amenities

- Ready to Build

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Northern Bay P-12 College-Hendy Street P-8 Campus
0.37 km
Combined
Prep-12
Government
icsea: 867
Northern Bay P-12 College
1.21 km
Combined
Prep-12
Government
icsea: 867
Matthew Flinders Girls Secondary College
8.78 km
Secondary
7-12
Government
icsea: 1028

Property history

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Corio surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2/32 Kalver Street, Corio
0.21 km
1
1
-m2
Year 2024 Month 12 Day 16
$260,000
Council approved
159-163 Bacchus Marsh Road, Corio
0.44 km
5
1
-m2
Year 2024 Month 12 Day 03
-
Council approved
6 Teleta Crescent, Corio
0.41 km
3
1
-m2
Year 2024 Month 10 Day 30
-
Council approved
15 Talona Crescent, Corio
0.37 km
3
1
-m2
Year 2024 Month 09 Day 17
-
Council approved
3/49 Merlin Crescent, Corio
0.48 km
2
1
-m2
Year 2024 Month 08 Day 15
$365,000
Council approved

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Ref:2568842Last update:2025-01-09 11:05:53