11 Fellmongers Road

Breakwater VIC 3219

Offering space, flexibility, and future potential, this three-bedroom, well-located Breakwater home is positioned on a generous 665m allotment (approx.) and presents a smart opportunity for investors, renovators, developers, and first home buyers seeking an affordable entry into the market with scope to add value over time.The home offers a layout comprising three bedrooms, including two spacious front bedrooms with built-in robes, a central bathroom with shower, bath, skylight, and heat lamps, plus a separate toilet. The light-filled lounge features polished floorboards, a ceiling fan, and a reverse cycle split system, while the kitchen/meals area provides ample storage, gas cooking, an electric oven, and a dishwasher, providing a functional layout that could easily be updated to add further value.To the rear, a flexible zone incorporates the third bedroom, separate study and laundry, offering versatility to adapt the space into a second living area, dining room or home office with an outlook to the garden and undercover deck.Outside, the property offers excellent vehicle accommodation, including an insulated double lock-up garage, a double carport and additional off-street parking for up to 46 vehicles, making it ideal for tradies, storage, tenants or households requiring extra space. Additional features include two 5000L rainwater tanks and a generous backyard with potential to enhance, extend, or explore subdivision or redevelopment opportunities (STCA).Conveniently located just minutes from Geelong CBD, with easy access to South Geelong Train Station, Newcomb and Belmont shopping precincts, local schools, The Gordon TAFE, and Deakin University Waurn Ponds. Breakwater Reserve and the Barwon River are within walking distance, while the Bellarine Peninsula wineries and Surf Coast beaches are a short drive away.The expected rent return is currently $450$480 per week, and is offered with vacant possession. The property provides flexibility to lease, renovate, or occupy. A well-rounded opportunity in a sought-after location, offering both immediate usability and future potential.Key Features- 665m block (approx.)- 3 bedrooms plus study- Functional floorplan & tenant ready- Double garage + double carport- Off-street parking for 46 vehicles- Gas hot water service- Potential subdivision/redevelopment (STCA)*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.