Approved 2 Lot Subdivision
This generous 911m² allotment with a 3-bedroom home offers many possibilities for an astute investor, with the approved 2 lot subdivision already in place you could get started straight away. The massive side access allows for a perfect subdivision venture.
The existing home has already been updated and loaded with original character charm too. Some of its period features include soaring 11ft high ceilings, decorative Baltic pine ceiling panels and beautiful original timber VJ panelling throughout.
Modern updates throughout the years have made the home more comfortable with new carpets throughout, ducted floor heating and ducted cooling throughout, updated bathroom, updated kitchen and appliances including gas cooktop/oven plus a new dishwasher.
All three bedrooms are a good size and offer ceiling fans in addition to the ducted cooling which is going to come in handy with Bendigo's hot summer just around the corner.
The family-sized bathroom has been completely renovated and offers a bathtub, single vanity, shower and frosted windows which let oodles of natural light into this space.
Outside you'll find a wonderful undercover entertaining area, a large concreted and powered shed plus a built-in children's play area.
Investors will be delighted by the attractive returns of $330 per week in which the current tenants are paying.
The home is situated a short drive to Eaglehawk Pre-School, Primary and Secondary College. You're also under 5km into the heart of Bendigo making it super central to everything you need!
Come and inspect this great home today and discover its potential yourself.
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median house price
462500median house rent
410suburb rental yield
4.6%Similar Properties
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