Sold for $350,000
Ideal Investment Property Sitting On Approx. 1624m2
Developers and new home builders will immediately see the untapped potential in this fabulous 1624m2 property just moments from the centre of beautiful Creswick.
Taking advantage of its sheer size and offering an elevated three bedroom home (with built in robes) thrown into the mix, this purchase creates the ultimate combination for many prospective buyers.
Situated along a quiet street with views across the township, this home is ready to be immediately uplifted to generate a good rental return or look at a multi development opportunity with dual block access (STCA) if considering something a little more ambitious.
Perfectly comfortable to reside in while contemplating your decision, this home offers general functionality, warmth and relaxation with three good size bedrooms, an open plan kitchen, dining area and cosy living space.
Gas and electric cooking is available, with a heat bank and a reverse cycle split system adding comfort level throughout. There is good storage under the home with external sunblinds, carpet, drapes and ceiling fans adding extra thermal advantages to the inside.
A single carport is accessible to the rear, with easy proximity to the School of Forestry and a short drive through to Ballarat or onto the Western Freeway within just 15 minutes.
So if you are looking at a project or you just would like to live on a large block close to many conveniences, then contact our agent ASAP!
median house price446000
median house rent300
suburb rental yield3.5%
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.