8
Otway Street
South
ballarat east
VIC,
3350
SOLD
Sold for $550,000
4
1
1
Land: 598 sqm
Prime Corner Allotment with Secure Tenancy & Future Upside
**IMAGES ARE HISTORICAL PHOTOS FROM 2022 RENTAL LISTING. PLEASE CONTACT FIONA HAWLEY FOR CURRENT WALK-THROUGH VIDEO**
Set on its own generous 597m² corner title, this freestanding four-bedroom home presents a compelling opportunity for investors, land-bankers or future owner-occupiers seeking space, flexibility and location. Adding further appeal is the option to purchase the adjoining 411m² block, opening the door to future development potential (STCA).
The home features four well-proportioned bedrooms, all with carpet flooring, three with built-in robes. The family bathroom includes a built-in bath, shower, vanity and toilet, while an additional external WC is located in the backyard (not currently functional).
The open-plan kitchen, dining and living zone is warmed by a gas heater and designed for everyday comfort. The kitchen is well equipped with a 600mm stainless steel gas cooktop, electric oven and dishwasher, providing practical functionality for modern living.
Additional features include a single carport.
Ideally positioned for convenience, the property is just a 3-minute walk to St Alipius Catholic Primary School and a nearby bus stop, and only a 3-minute drive to the new Ryan's IGA, Chemist Warehouse and Ballarat CBD.
With a secure income stream, compliant certifications, and the rare advantage of a corner allotment with optional additional land, this is a property offering immediate returns and long-term potential.
Ballarat's Best-Selling Team
Agents
Nearby Schools
About ballarat east
median House price
541000suburb growth
15.1%median House rent
415suburb 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.
