An exceptional opportunity awaits in the heart of Belmont-perfectly positioned just a short stroll from the ever-growing High Street shopping precinct. Set on an expansive 819 sqm approx. allotment with valuable rear access, this property offers approved plans and permits for three townhouses, making it ideal for developers looking to capitalise on a sought-after location. Whether you're looking to proceed with the development or renovate and extend the existing home to suit your lifestyle, the potential here is undeniable. The original brick veneer home features two bedrooms with built-in robes, a lounge with split system air-conditioning, a kitchen with an adjacent meals area and a bathroom with separate toilet. Outside features a large backyard, single garage plus a double garage/storage shed with rear access via Mitchell Street. Conveniently close to schools, the Barwon River, GMHBA Stadium, South Geelong train station, the Geelong CBD and with easy access onto Princes Highway for Melbourne commuters. Opportunities like this offering space, scope, and a prime address are increasingly rare. Secure your slice of Belmont's future today. - Development opportunity with approved plans for three townhouses - Prime location, a short walk to Belmont's High Street shopping precinct - Flexible options: renovate existing home or proceed with development