18
Thorpe
Street
california gully
VIC,
3556
$550,000 - $595,000
3
1
4
Land: 1007 sqm
1,007sqm with Subdivision Potential (STCA)
Positioned in a quiet street with minimal passing traffic, this three-bedroom home presents an exciting opportunity for investors, developers and buyers looking to secure a substantial parcel of land in a convenient location.
Set on approximately 1,007sqm, the property offers subdivision potential (STCA), while the expansive backyard provides plenty of space for a future extension, additional shedding, a granny flat or simply room for the family to enjoy. Whether you're looking to renovate and create a spacious family home, develop or land bank for the future, there are plenty of options to make the most of this generous allotment.
Inside, the home retains plenty of character with tall ornate ceilings and generously proportioned rooms throughout. Built in robes to the bedrooms provide practical storage and add to the home's everyday functionality. Ready for its next chapter, it provides an excellent foundation to renovate, extend and add value over time.
Outside, there is ample undercover parking with a double carport and large powered shed providing at least four undercover vehicle spaces. Generous side access to the rear yard, together with the large shed, makes the property ideal for tradies or anyone needing secure space for additional vehicles, trailers, caravans or equipment.
Conveniently located not far from schools, shops and cafés in Eaglehawk, along with bus and rail services, Lake Neangar and the Peter Krenz Leisure Centre, the property is well positioned to enjoy everything the area has to offer.
Currently leased to an excellent long-term renter until October 2026, the property provides immediate rental income while offering outstanding future potential.
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About california gully
median House price
580000suburb growth
26.1%median House rent
490suburb rental yield
4.4%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.
