47 Barwon Terrace

Set in a peaceful and highly sought-after location directly opposite the tranquil Barwon River, this exceptional property presents an outstanding opportunity for investors, developers, or those seeking to create their dream home. Occupying an impressive 1,016 sqm (approx.) allotment in the very heart of Winchelsea, the property currently comprises three self-contained one-bedroom units ideal for generating multiple income streams, long-term rentals, or short-stay accommodation such as Airbnb. With its prime position and flexible zoning, the possibilities here are endless. Renovate or modernise the existing units to suit your style, reconfigure the layout for enhanced returns, or explore the option to build your dream residence (STCA) in one of the region's fastest-growing townships. The location truly speaks for itself walk to the riverbank, local cafes, shops, and the train station. Enjoy the convenience of being just 30 minutes to Geelong or Colac, and an easy drive to the Surf Coast and Otway Hinterland. Opportunities like this are rare in Winchelsea secure your slice of potential and position yourself for strong future growth.