1221
Grevillea
Road
wendouree
VIC,
3355
Sold for $467,000
Unlock the Potential: Expansive 722sqm Allotment in Prime Wendouree
Positioned in a high-growth pocket of Wendouree, 1221 Grevillea Road offers far more than just a comfortable family home-it represents a blue-chip opportunity for those with an eye for future value. Set on a substantial 722sqm (approx.) allotment, this property is the perfect canvas for a stunning renovation, a strategic extension, or a savvy long-term investment.
The Power of Land & Space In a market where space is increasingly rare, this generous block stands out. The expansive, level backyard provides a vast footprint for children to play, pets to roam, or for the green thumb to create a private garden sanctuary. For the visionary buyer, the sheer size of the land offers the rare flexibility to add a large workshop, a secondary outdoor entertaining area, or even explore future development potential (STCA).
A Solid Foundation for Your Vision The existing residence is a charming and well-maintained three-bedroom home that provides an immediate sense of comfort. Featuring a functional floor plan, the home includes:
• Three Spacious Bedrooms: Bright and airy, offering a versatile layout for families or professionals.
• Open-Plan Flow: A welcoming living area that transitions effortlessly into the dining space, ready for a modern cosmetic update to truly make it shine.
• Functional Kitchen: Ample storage and workspace, serving as the perfect starting point for a value-adding renovation.
• Secure Parking: A dedicated carport providing peace of mind and easy access to the rear of the block.
Lifestyle & Location Beyond the boundaries of this impressive block, the location offers ultimate convenience. You are perfectly positioned within close proximity to:
• Premier Shopping: Moments from the Stockland Wendouree shopping precinct.
• Education & Recreation: Walking distance to local schools, sporting facilities, and the scenic Lake Wendouree.
• Connectivity: Easy access to the Western Highway for commuters and close to public transport links.
Investment or First Home? Offered with a price guide of $449,000 - $475,000, this property is an exceptional entry point into a thriving suburb. Whether you are looking to secure your first home with room to grow or seeking an investment with a significant land-to-asset ratio, 1221 Grevillea Road is a must-see.
Don't let this oversized opportunity pass you by. Contact us today to explore the possibilities and arrange your private inspection.
Ballarat's Best-Selling Team
Agents
Nearby Schools
About wendouree
median House price
505000suburb growth
17.0%median House rent
400suburb rental yield
4.1%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.