3 Mitta Ct, Corio is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 861m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Opportunities like this don't come around often. Set on a substantial 861m (approx.) allotment in a quiet court location, this property presents an outstanding opportunity for developers, investors, or buyers looking to secure a site with exciting future potential.With approved plans and permits for five double-story townhouses, much of the hard work has already been completed, allowing you to focus on bringing the project to life.Currently vacant but has a rental appraisal of $470 - $480 per week. The existing three-bedroom home offers flexibility to renovate, lease out, or generate holding income while you finalize your development plans.Conveniently located just minutes from Corio Village Shopping Centre, schools, public transport, parklands and easy freeway access to Melbourne and the Geelong CBD, this is a location that continues to see strong demand from both homeowners and investors.Property Highlights- 861m (approx.) allotment- Approved plans & permits for five double-storey townhouses- Existing 3-bedroom home- Quiet court location- Close to schools, shopping, public transport and freeway access- Exceptional development and investment opportunityDue 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.
The size of Corio is approximately 19.1 square kilometres. There are 36 parks, covering nearly 8.8% of the total area. The population of Corio in 2016 was 15296 people. By 2021 the population was 15497 showing a population growth of 1.3% in the area during that time. The predominant age group in Corio is 20-29 years. Households in Corio are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Corio work in a labourer occupation.In 2021, 56.50% of the homes in Corio were owner-occupied compared with 58.00% in 2016.
Corio has 8,298 properties. Over the last 5 years, Houses in Corio have seen a 29.03% increase in median value, while Units have seen a 29.04% increase. As at 31 July 2026:
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