25 Ontario Avenue, Corio, Vic 3214-Image

For Sale

25 Ontario Avenue, Corio, Vic 3214

$579,000 - $629,000 Plans Permit Approved x4 Units

House

Type

Bedrooms

Bathrooms

Parkings

701 m²

Area

Published on Tuesday, March 17, 2026 ( See property details for 25 Ontario Avenue, Corio, Vic 3214)

$579,000 - $629,000 Plans Permit Approved x4 Units

View the agent price guide.

Ali Bandari - Real Estate Agent - Area Specialist Geelong City - GEELONG

Ali Bandari Director & Auctioneer

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Taza Bandari - Real Estate Agent - Area Specialist Geelong City - GEELONG

Taza Bandari Sales Assistant

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AI Property Insight

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

A solid, versatile family home on a large block in Corio, offering excellent investment and development potential.

🏡 Property Highlights

Generous 702m² allotment offering development potential (STCA)
Solid concrete construction ensuring durability and longevity
Currently leased at $300 per week with scope to increase rental income
Rental appraisal of $420–$440 per week for strong investment returns
Flexible options for investment, renovation, or future development
Prime Corio location with growth prospects

✨ Key Features

3 spacious bedrooms
Central bathroom
Solid concrete home built to last
Comfortable living and functional kitchen area
Double car space
Generous 702m² (approx.) block
Currently leased at $300 per week (periodic lease)
Opportunity to increase rental return
Potential development opportunity (STCA)
Well-maintained and durable construction

Suburb and Property Insights of Corio, VIC 3214

Corio is a vibrant suburb known for its affordability and growth potential. It offers excellent amenities, proximity to schools and shopping centres, and a strong community atmosphere. The area is ideal for investors and families seeking a convenient lifestyle with future development prospects. With ongoing infrastructure improvements, Corio continues to attract new residents and investment, making it a strategic choice for property buyers.

Frequently Asked Questions

What are the current zoning and development restrictions for this property?

The property has previous plans and permits issued, but buyers should verify current zoning and development restrictions with the local council to ensure compliance and suitability for their intended use.

Is there potential for future development or subdivision on this site?

Yes, the large 702m² block offers potential for development or subdivision, subject to council approval (STCA). Buyers should conduct their own due diligence regarding planning permissions.

What is the condition of the property and are there any known defects?

The property is a solid concrete home built to last, with no known defects mentioned. A thorough inspection is recommended to assess its condition.

Are there any upcoming infrastructure projects or planning changes in Corio that could affect this property?

While specific projects are not detailed, Corio is a growing area with ongoing infrastructure improvements. Buyers should consult local planning authorities for the latest updates.

What are the terms of the current lease, and is there scope to increase rent?

The property is leased on a periodic basis at $300 per week, with potential to increase the rent to an estimated $420–$440 per week based on current market appraisal.

What to ask about this property to agent?

Are there any existing easements, covenants, or zoning restrictions that could limit future development or renovations? Has the property been affected by flooding, bushfire risks, or other environmental hazards? Are there any outstanding council or strata fees, or other financial encumbrances? Is there any planned nearby construction or development that could impact the property’s value or livability? What are the specific terms and conditions of the current lease, and are there any upcoming lease expirations or rent reviews?

25 Ontario Avenue, Corio, Vic 3214 - More Details

$579,000 - $629,000 Plans Permit Approved x4 Units

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2
Area: 701 m²

Price guide

View Statement Of Information

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25 Ontario Avenue, Corio, Vic 3214 - Point Of Interest

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25 Ontario Avenue, Corio, Vic 3214

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