Sold for $390,000
Development Opportunity- Plans and Permits Approved
If you are thinking about Peel Street, then you know that this home will have all the advantages of living with inner city benefits.
Set just minutes from the Ballarat train station, along with a quick easy route to the CBD, this property will work wonders for investors, developers or families looking at adding proximity to their portfolio.
Designed and styled through the 80s, the existing brick veneer home has been enclosed with a stylish picket fence with access gate and vehicle entry to one side, along with a double carport and garden shed to the rear.
Stunning established trees are scattered, with rambling gardens providing an excellent base to add your own personal landscaping talents, along with room to facilitate further parking off the street.
Designed with two independent living zones, both with high cathedral ceilings ensures there is plenty of room for adults as well as children?s play, while a dining zone perfectly adjoins the open plan updated kitchen for fabulous connection with the chef throughout the day.
Exposed beams and rafters along with a freestanding combustion heater, a strategically placed split system and ceiling fans generating extra warmth and breeze in the family room, while the more formal lounge is awash with white walls, a wall furnace and cosy carpet for a more classic look to anyone?s embellishments and furnishings.
The family bathroom is a smart compact space with all four bedrooms offering freshly painted walls, neutral carpets and slimline blinds.
This home is set on a fabulous 1084m2 allotment which provides huge potential to extend, tend to the landscaping or consider the proposed unit development 2 x 2 bedroom planning permit in place, while also offering proximity benefits to Eastern oval, Black Hill reserve and of course the CBD.
Rent appraised at $335 per week with the potential to keep adding!!!
Call our agent today for further details and initial development plans.
About black hill
median house price600000
median house rent320
suburb rental yield2.8%
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.