PRD Bendigo 158 Lyttleton Terrace Bendigo, VIC, 3550 03 5444 0344
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17 Wood Street
long gully
VIC, 3550

$620,000 - $670,000

listing rooms 2
listing bathrooms 1
listing parking 4
Land: 1400 sqm

Investment Opportunity in Prime Location

Situated on a sprawling block of 1400sqm, this property presents a plethora of opportunities for astute buyers. Whether you're seeking an investment venture or contemplating your first home purchase, this residence ticks all the boxes. Here's why:

MASSIVE SUBDIVISION OPPORTUNITY: With a block size of 1400sqm, this property offers ample space for subdivision, making it an ideal investment for developers or those looking to expand their portfolio. Proposed dwelling plans are already in place, streamlining the process for potential subdivision projects.

PERFECT INVESTMENT OPPORTUNITY OR FIRST HOME: Currently fetching a rental return of $360 per week, this 2-bedroom home boasts features that appeal to both investors and first-time buyers alike.

WELL-APPOINTED INTERIOR: Inside, the main bedroom offers ample storage, while the kitchen provides generous storage and preparation space, catering to modern living needs. The separate dining area and living space with a split system and electric wall heater ensure comfort year-round.

SPACIOUS OUTDOOR AREA: Outside, the property boasts a massive yard, further enhancing its subdivision potential. Additionally, large shedding is already in place, offering added convenience and storage options.

CONVENIENT LOCATION: Situated just a 6-minute drive from Bendigo CBD, and in close proximity to Bendigo Health and Lake Weeroona, residents will enjoy easy access to essential amenities and recreational facilities.

Don't miss out on this exceptional opportunity to secure a property with immense potential. Contact us today to arrange an inspection and explore the possibilities that await you.

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About long gully

median house price

400000

median house rent

420

suburb rental yield

5.5%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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