29
Morres
Street
ballarat east
VIC,
3350
$350,000-$370,000
3
1
4
Land: 303 sqm
Potential Potential In Superb Location
Renovate or detonate this weatherboard home, you simply cannot take away from the great location - just a stone's throw from the CBD and easy walking distance to cafes, restaurants, a major supermarket, sporting facilities and Ballarat train station. Surrounded by character properties and sited on a corner block with dual frontage, it offers endless possibilities for future growth and choices.
Ideal first home, or investment project for an individual or group of tradies looking to improve a period property and benefit from the next capital-growth spurt in this currently-underappreciated (but not for long) pocket of inner-Ballarat. For developers, the site would easily fit a smart 3-4 bedroom townhouse (STCA).
The current home offers 3 bedrooms, a family lounge and study. The kitchen and bathroom have been updated in the past. As an added bonus there is additional built space at the rear offering potential to use as two extra bedrooms, a lounge/playroom, operate a home-based business from (STCA) or convert to a Granny Flat. There is a large covered area with roller-door access, great for home hobbyists. The courtyard is low-maintenance.
Currently vacant but was previously returning $320pw as a rental.
Don't miss out, call me today to discuss this opportunity further! Inspections by appointment only.
Ballarat's Best-Selling Team.
Agents
Nearby Schools
About ballarat east
median house price
510000median house rent
395suburb rental yield
4.0%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.
