1-4/45 Virginia Street, Newtown, Vic 3220

$1,990,000 - $2,180,000

Flat
Type
5
Bedrooms
4
Bathrooms
1
Parkings
949 m²
Area

Published on Tuesday, October 20, 2026 ( See property details for 1-4/45 Virginia Street, Newtown, Vic 3220)

$1,990,000 - $2,180,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare and versatile investment opportunity in the sought-after Newtown area, offering four refreshed residences on a substantial 949m² parcel with long-term potential.

🏡 Property Highlights

  • Substantial 949m² landholding in highly regarded Newtown location
  • Comprises four well-presented residences with flexible rental options
  • Includes three one-bedroom units and one two-bedroom plus study unit
  • Immediate rental appeal with strong investment credentials
  • Potential for future development or family residence (STCA)
  • Thoughtfully refreshed interiors with open-plan living and modern kitchens

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • European Laundry
  • Split System Air Conditioning
  • Well-Appointed Kitchens
  • Gas Cooktops
  • Electric Ovens
  • Garage / Secure Parking
  • Pet-Friendly
  • Low-Maintenance Yard

Newtown is a highly desirable suburb in Geelong, renowned for its tree-lined streets, vibrant café and restaurant scene, and excellent schools. Its proximity to parklands and shopping precincts offers residents a convenient and lifestyle-focused environment. The area’s strong community feel and long-term growth prospects make it a prime location for both investors and families seeking a premium address.

What is the current rental income generated by the property?
The property currently offers strong rental income from the four separate residences, with potential for further growth depending on lease arrangements.
Are there any planning or development restrictions on the land?
Any future development or subdivision plans are subject to council approval (STCA), and prospective buyers should consult local planning regulations.
What are the ongoing maintenance costs for the property?
Maintenance costs are minimal due to the recent refresh of each residence, with typical expenses including general upkeep and minor repairs.
Is the property suitable for future family living or redevelopment?
Yes, the substantial landholding and flexible layout make it suitable for redevelopment or creating a family residence, subject to council approval.
What amenities and services are accessible nearby?
Residents enjoy easy access to cafés, restaurants, shopping, schools, and parklands, all within a short distance in the vibrant Newtown precinct.
Are there any easements, covenants, or zoning restrictions affecting the property? Has the property been affected by any flooding or bushfire risks? Are there any upcoming planning or construction projects nearby that could impact the property? What are the strata or body corporate arrangements, if applicable? Are there any hidden costs associated with the property, such as special levies or maintenance fees? Is the property compliant with all local building codes and regulations? Are there any existing or planned infrastructure upgrades in the area that could influence property value?

1-4/45 Virginia Street, Newtown, Vic 3220 - More Details

$1,990,000 - $2,180,000

A rare opportunity to secure a substantial parcel of premium Newtown real estate, this exceptional 949m² landholding presents an outstanding investment opportunity in one of the area’s most tightly held and highly regarded tree-lined locations. Held on one title and comprising four well-presented residences, including three one-bedroom units and one two-bedroom plus study unit, the property offers a compelling combination of immediate rental appeal, significant landholding and long-term potential. With the flexibility to generate strong holding income while considering future plans, this property may appeal to those looking to secure a premium Newtown address, hold the asset over time, and potentially create their dream family residence in one of Geelong’s most sought-after locations (STCA). Opportunities to secure such a substantial parcel in a blue-chip Newtown setting are increasingly rare, making this an exceptional proposition for investors and future homeowners alike.

Each residence has been thoughtfully refreshed throughout and offers light-filled open-plan living and dining, well-appointed kitchens with built-in pantry, gas cooktops and electric ovens, generously sized bedrooms with built-in robes, direct bathroom access and European laundries. Split system air conditioning throughout enhances year-round comfort, while the rear residence further benefits from a single lock-up garage and additional storage. With four separate dwellings on one substantial title, the property provides strong existing investment credentials while offering the flexibility to maximise returns and explore future potential.

Beyond the property itself, the location further enhances its appeal. Positioned in a truly coveted Newtown setting, residents enjoy easy access to the area’s celebrated cafés, restaurants, shopping, schools and parklands. Surrounded by the lifestyle amenities that make Newtown one of Geelong’s most desirable suburbs, this is a rare opportunity to secure a significant investment asset in a premium location where convenience, lifestyle and long-term value come together.
Type
Flat
Bedrooms
5
Bathrooms
4
Parkings
1
Area
949 m²

Price guide

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Map & nearby places — 1-4/45 Virginia Street, Newtown, Vic 3220

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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