10 Vines Road, Hamlyn Heights, VIC 3215 | House for sale | OnTheHouse
 
FOR SALE
$749,000 - $819,000

10 Vines Road
Hamlyn Heights VIC 3215

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 731m2
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Two Dwellings, One Title, Outstanding Potential

Presenting a rare opportunity for investors seeking immediate income with genuine scope to enhance future returns. 10 Vines Road brings together two separately occupied dwellings on one substantial allotment of approximately 731m² in the heart of Hamlyn Heights.
Both residences are currently leased, providing an established income stream from day one, while the property's generous proportions, flexible configuration and largely original presentation offer exciting potential for future improvements and value-adding works.
The accommodation across the two dwellings is particularly versatile. The first residence comprises two generous bedrooms, a spacious living room, kitchen and dining area and bathroom. The second residence provides a further two bedrooms, a loungeroom, kitchen and dining space, bathroom and separate entry, allowing each household to enjoy an excellent degree of independence.
Outside, the expansive allotment provides generous open space together with a single garage, additional storage, garden shed, laundry facilities and off-street parking. With approximately 731m² of land, this expansive site also offers considerable scope for buyers to explore how the property could be further enhanced or utilised over time, subject to all relevant approvals.
For investors, the appeal lies in the combination of two existing tenancies and the opportunity to undertake strategic improvements that may strengthen rental returns and the property's overall value. For renovators and longer-term buyers, the substantial landholding and adaptable existing improvements provide an exciting canvas for the future.
Positioned close to the iconic Vines Road shops and the Minerva Rd shops, Western Heights Sports Academy, Clonard College, Kardinia International College, Hamlyn Banks & Herne Hill Primary School, with Hamlyn Park and Hurst Reserve perfect place to work up a sweat, the home also enjoys convenient access to Shannon Avenue, Minerva Road, the Geelong Ring Road and Geelong CBD.
Two dwellings. Two income streams. One substantial Hamlyn Heights holding with loads of potential to unlock.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 10 Vines Rd, Hamlyn Heights

10 Vines Rd, Hamlyn Heights is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 731m2. The place is currently for sale with Harcourts North Geelong.

Building Type
House
Land Size
731m2
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About Hamlyn Heights 3215

The size of Hamlyn Heights is approximately 4.0 square kilometres. There are 9 parks, covering nearly 2.6% of the total area. The population of Hamlyn Heights in 2016 was 6293 people. By 2021 the population was 6518 showing a population growth of 3.6% in the area during that time. The predominant age group in Hamlyn Heights is 30-39 years. Households in Hamlyn Heights are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hamlyn Heights work in a professional occupation.In 2021, 68.20% of the homes in Hamlyn Heights were owner-occupied compared with 69.10% in 2016.

Hamlyn Heights has 3,454 properties. Over the last 5 years, Houses in Hamlyn Heights have seen a 5.54% increase in median value, while Units have seen a 4.75% increase. As at 31 August 2026:

  • The median value for Houses in Hamlyn Heights is $784,861 while the median value for Units is $553,555.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Hamlyn heights on OnTheHouse. According to Cotality's data, 179 properties were sold in the past 12 months in Hamlyn heights.

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Joe Grgic
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Shane King
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Harcourts North Geelong
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