38
Princes Street
North
ballarat east
VIC,
3350
SOLD
Sold for $490,500
2
1
3
Property: 78 sqm
Land: 926 sqm
Development Opportunity (STCA) Minutes To City Centre
Offering a rare and fantastic opportunity with unlimited potential, this sweet cottage is tucked behind a tall timber fence with a side driveway to a massive allotment of approx. 939sqm.
Ideally positioned in a quiet, convenient cul de sac of Ballarat East, this property offers strong capital growth prospects with a fully renovated home to live in or lease out (rental appraised between $300-$340 per week) while contemplating the land's prosperous future.
This indisputable opportunity offers enormous scope to extend the existing two bedroom home or for astute developers/investors, this land would be suitable for sub-division (subject to council approval).
Fully renovated inside with new wiring, plumbing and internal framing, this skillion roof cottage boasts a generous open plan living/dining with central heating, an A/C unit and vinyl plank flooring, stepping down to a completely overhauled kitchen with stainless steel appliances, ample storage and modern shaker style cabinetry.
The bathroom is fully tiled with a large full width shower, above-bench vanity with black hardware and toilet, while the laundry is perfectly tucked away in a semi European style creating easy access from the kitchen and to the outdoors.
With a backdrop of trees, walking trails, and the Yarrowee river, this property is easily accessed. This opportunity will interest city and local investors with a four minute drive to the Ballarat train station and the CBD.
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.
