23 Boundary Rd, Newcomb is a 4 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1930. The property has a land size of 737m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Offering a combined rental potential of over $800 per week! Discover and exceptional investment opportunity with this unique dual dwelling property, ideally located just across the road from prestigious East Geelong. Set on a generous 736m, this property features two charming 2-bedroom homes with classic weatherboard cottage appeal. Complemented by tasteful modern updates, this property is perfect for investors seeking rental income or Airbnb potential, small families in need of a guest house, or those interested in multi-generational living. With the potential for commercial use, the property is suitable for a range of small businesses (STCA) with it's location offering great exposure to the public and large volume of off-street car parking for clients.
The possibilities are endless!
Key Features Include:
Originally a very large 4-bedroom weather board home on 736sqm's, this property was converted some years ago to a dual residence on the one title with separate courtyards and an abundance of parking. With modern updates throughout the home, there is plenty of scope for further renovation or possible development (STCA). This beautiful home is located just minutes' drive to all the features that Geelong CBD, Botanical gardens and Geelong's waterfront has to offer with shops, schools, cafe's and public transport all in close proximity. Located a short walk to Geelong Botanic Gardens, only a few minutes' drive to Geelong CBD and 5 min drive to Eastern Beach. Easy access to schools, shopping centres and hospital, public transport and 24-hour service station. Don't miss your chance to secure your dream home or savvy investment located right on the boarder of East Geelong.
Don't miss out on this rare opportunity to secure a dual dwelling in a sought-after location!
The size of Newcomb is approximately 3.6 square kilometres. It has 8 parks covering nearly 2.1% of total area. The population of Newcomb in 2016 was 4500 people. By 2021 the population was 4704 showing a population growth of 4.5% in the area during that time. The predominant age group in Newcomb is 20-29 years. Households in Newcomb are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newcomb work in a community and personal service occupation.In 2021, 56.30% of the homes in Newcomb were owner-occupied compared with 59.00% in 2016.
Newcomb has 2,877 properties. Over the last 5 years, Houses in Newcomb have seen a 31.10% increase in median value, while Units have seen a 28.49% increase. As at 31 December 2025:
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