PRDnationwide Bendigo

150 Lyttleton Terrace Bendigo, VIC, 3550

03 5444 0344

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Still available via private inspection: Approved Multi-Townhouse Development Site

Still available via private inspection: Approved Multi-Townhouse Development Site

Property ID: 863376

KENNINGTON 74 Condon Street

Listing Rooms2
Listing Bathrooms1

For Sale $520,000-$560,000

Land Size: 1631 sqm

**In response to the recent events, we are unable to schedule open for inspections. However, with the precautions our agents have in place, we are able to hold private inspections. If you would like to schedule a private inspection please contact our agents. We also have 3D tours of all of our properties as well as videos.
Our job is to help facilitate you in any way we can, as such if you require any further information, please don't hesitate to contact us.**

The opportunity to secure a nearly 1700sq residential development site, walking distance to the centre of Bendigo's CBD as well as walking distance to La Trobe University is like finding a pot of gold at the end of a rainbow.

With approved plans to build 5 townhouses consisting of 2 Bedrooms, 2 Bathrooms and 1 Car space (plus 1 shared visitor park in the middle) with price expectations between $380,000 - $400,000 each this is clearly going to be a lucrative venture.

The existing weatherboard home comprises of 2 Bedrooms, 2 Living areas and 1 Bathroom with a separate WC. The spacious kitchen has a gas stove/electric oven and offers plenty of cupboards and storage space. This home has proved to be a brilliant investment opportunity, with a great tenant currently in place under a tenancy agreement until May 2020 and is achieving $240 per week.

Kennington is one of Bendigo's hottest suburbs, being so close to all the cosmopolitan delights our city offers as well as being just around the corner from La Trobe University, you simply will not find a better location for a development site.

All enquiries welcomed.

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Suburb Profile

Median House Price

370000

Suburb Growth

-
Peak Sale Month - October
Peak Sales - 11