Excellent Investment Opportunity in Prime North Shore Location
Presenting 2 Seaforth Street, North Shore - a fantastic opportunity for investors and developers alike. This beautifully positioned property is currently leased at $450 per week, providing an immediate rental return while you plan your next move.
Set on a generous 702 sqm (approx.) allotment, this site comes with council-approved plans for 3 modern units, making it ideal for future redevelopment (STCA). The existing home features 3 bedrooms and 1 bathroom, offering solid returns and comfortable living for tenants.
Perfectly located in the sought-after North Shore pocket, close to local schools, public transport, parks, and the Geelong waterfront, this property offers both short-term income and long-term potential.
Currently leased at $450 per week
3-unit development approved
702 sqm (approx.) block
Prime North Shore location with great future growth
An outstanding opportunity not to be missed - secure your future investment or development project today!
Don't miss your chance to secure this property.
Enquire today to arrange a private inspection.
DISCLAIMER: We understand the importance of due diligence when making such significant decisions. While all stated dimensions and times are approximate, we assure you that the particulars provided are for general information only and do not constitute any representation on the part of the vendor or agent.
For an up-to-date copy of the Due Diligence Check List, please refer to the following link: http://www.consumer.vic.gov.au/duediligencechecklist
The size of North Shore is approximately 2.3 square kilometres. It has 1 park covering nearly 1.8% of total area. The population of North Shore in 2016 was 357 people. By 2021 the population was 325 showing a population decline of 9.0% in the area during that time. The predominant age group in North Shore is 40-49 years. Households in North Shore are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Shore work in a professional occupation.In 2021, 54.20% of the homes in North Shore were owner-occupied compared with 55.00% in 2016.
North Shore has 462 properties. Over the last 5 years, Houses in North Shore have seen a 29.09% increase in median value, while Units have seen a 48.08% increase. As at 30 November 2025:
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