204
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Street
redan
VIC,
3350
SOLD
Sold for $260,000
2
1
4
Land: 663 sqm
Opportunity Beckons
An outstanding allotment of 664m2 in what is arguably one of the fastest growing locations in the Greater Ballarat District.
Do you remember when they said don't buy in Port Melbourne or Abbottsford? Well they said the same about Redan, Sebastopol and Wendouree and look who has invested heavily in these sadly maligned suburbs now; Aldi,Coles,BP, Woolworths McDonalds ,Hungry Jacks and if I recall these organizations are some of the smartest and most successful businesses in the world through their Real estate holdings!
A Modest WB home on brick foundations with tile roof in very good condition of 2 Bedrooms and sleep out, maintained as only older home owners know how, with lots of love and pride.
The house would rent out in a heartbeat at $260pw, it has gas heating and cooking but the bonus is access to a large backyard with huge shedding and the potential to subdivide (STCA).
Investor's developers please take note, my phone runs hot with enquiry for property 664m2.
Agents
Nearby Schools
About redan
median house price
470000median house rent
380suburb rental yield
4.2%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.
