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29 Teleta Crescent, Corio, Vic 3214-Image

29 Teleta Crescent, Corio, Vic 3214

$620,000

House

Type

Bedrooms

Bathrooms

Parkings

631 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 29 Teleta Crescent, Corio, Vic 3214)

$620,000

View the agent price guide.

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

Ali Bandari Director & Auctioneer

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AJ Ahmadi - Real Estate Agent - Area Specialist Geelong City - GEELONG

AJ Ahmadi 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 versatile family home on a large block with exceptional development potential in a convenient Corio location.

🏡 Property Highlights

Strong development potential with approved plans for four townhouses
Generous 631 m² allotment offering scope for extension or redevelopment
Previous permits can be extended for an additional two years (STCA)
Ideal for investors, developers, or first home buyers seeking value-add opportunities
Prime location close to schools, shopping centres, and public transport
Excellent connectivity with easy access to Princes Highway for Geelong and Melbourne

✨ Key Features

Open-Plan Living
Outdoor Area
Built-in Robes
Waterfront / Views
Home Office / Study
Ensuite
Garage / Secure Parking
Security Screens / Gates
Fly Screens
Extra Storage (Shed/Linen)

Suburb and Property Insights of Corio, VIC 3214

Corio is a vibrant suburb offering excellent amenities, including schools, shopping centres, and public transport options. Its strategic location provides easy access to Geelong CBD and Melbourne via Princes Highway. The area is known for its family-friendly environment and ongoing growth, making it an attractive choice for investors and homeowners alike. With a strong community feel and expanding infrastructure, Corio presents a promising opportunity for future capital growth.

Frequently Asked Questions

What are the future development possibilities for this property?

The property has approved plans for four townhouses, with the potential to extend these permits for an additional two years (STCA), offering significant scope for redevelopment or investment.

Is the property suitable for renovation or extension?

Yes, the home features a practical layout with well-sized bedrooms and a light-filled living area, providing a solid foundation for renovation, extension, or further development.

What amenities are nearby?

The property is conveniently located close to local schools, shopping centres, public transport, and has easy access to the Princes Highway for commuting to Geelong CBD or Melbourne.

Are there any restrictions or approvals needed for redevelopment?

Any redevelopment plans would need to comply with local council regulations and obtain necessary permits; previous permits are in place for four townhouses, which can be extended.

What is the condition of the property?

The property is in a well-maintained condition, with scope for further improvements to add value or customize to your needs.

What to ask about this property to agent?

Are there any hidden costs or additional fees associated with extending the permits or redevelopment? Have all necessary approvals and permits been obtained, and are there any restrictions on future development? Are there any known issues with the property's structure, land, or services? Is there any nearby construction or planning activity that could impact the property? What are the zoning regulations and easements affecting this property? Are there any flood or bushfire risks in this area? Is the property part of a strata or community title, and what are the associated costs? Are there any ongoing maintenance or repair issues to be aware of? What are the council rates and potential development levies? Is there any noise or other environmental factors from neighboring properties or infrastructure?

29 Teleta Crescent, Corio, Vic 3214 - More Details

$620,000

Welcome to 29 Teleta Crescent, Corio — a rare opportunity for first home buyers, investors, and developers to secure a property with genuine upside in a rapidly growing location.

Set on a generous allotment, this property offers immediate comfort with incredible scope to add significant value over time. Whether you’re looking to renovate, extend, or redevelop (STCA), the possibilities here are endless.

Importantly, the property previously had plans and permits approved for four townhouses, presenting a fantastic head start for developers. There is also the opportunity to extend these permits for a further two years (STCA), allowing you to step straight into a project without starting from scratch.

Inside, the home features a practical layout with well-sized bedrooms, a light-filled living area, and a functional kitchen. The expansive backyard provides the perfect canvas for future improvements, whether that’s additional dwellings, a granny flat, or a complete redevelopment.

Located in a quiet, family-friendly pocket, you’re just moments from local schools, shopping centres, public transport, and have easy access to the Princes Highway—making commuting to Geelong CBD or Melbourne easy and convenient.

Key Features:

- Generous land size with strong development potential (STCA)

- Previously approved plans & permits for 4 townhouses

- Potential to extend permits for a further 2 years (STCA)

- Excellent opportunity to renovate and add value

- Spacious backyard with scope for further development

- Ideal for investors, developers, or savvy buyers

Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist. Disclaimer: All stated dimensions in the content and photos are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2
Area: 631 m²

Price guide

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Email Enquiry To Area Specialist Geelong City - GEELONG

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29 Teleta Crescent, Corio, Vic 3214

$620,000

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