74
Condon
Street
kennington
VIC,
3550
SOLD
Sold for $452,000
3
1
1
Land: 1631 sqm
Subdivision Potential Set on a huge 1631sqm allotment!
Set in the heart of Kennington this property offers ample opportunities for investors, developers or even a first home owner. This property proposes subdivision potential (STCA) for two 3 bedroom, 2 bathroom, 2 garage townhouses in an ideal location only seconds to all amenities and walking distance to the La Trobe University!
The existing dwelling represents terrific value and consists up to three bedrooms and a spacious kitchen with separate bathroom. Why not subdivide, sell and develop the rear? Or, for an immediate return you could rent out the existing dwelling while developing the rear. With an abundance of options this versatile property is a fantastic choice! The existing dwelling offers expected returns of up to $270 per week.
This central location is hard to come by and opportunities in this part of town rarely arise. Set walking distance to the Kennington Village shopping complex, transportation and Flora Hill amenities. The Bendigo CBD is also located just a short walk/drive, along with local schools and childcare facilities. Dont delay contacting the agent today for your inspection! This property will not last!
Agents
Nearby Schools
About kennington
median house price
590000median house rent
440suburb rental yield
3.9%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.
