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31 Primrose Street
wendouree
VIC, 3355

SOLD

Sold for $251,500

listing rooms 4
listing bathrooms 2
listing parking 2
Land: 640 sqm

Wendouree Investment Mins to Stockland & Train Station

Here's the ideal place to begin your real estate journey with options to renovate or redevelop just moments from all the action of Wendouree.

Surprisingly spacious, this corner allotment offers four bedrooms, two bathrooms and two living zones with timber floors, gas heating and relatively new aluminium windows.

The kitchen has been re-energised over time with new cabinetry and stainless steel appliances, whilst the entire home has been styled with a neutral colour palette; perfect for tenants and/or home owners to decorate with ease.

Renovating enthusiasts may visualize further potential of the existing four bedroom layout, generous room proportions and big back yard, however the home's original condition, level land dimensions (approx 640m2) and convenient location between Learmonth Road and Gillies street strongly suggests the creation of a new home or townhouses (STCA) close to shopping, the Wendouree train station, schools, parks and quick connection with the Western freeway.

Currently leased at $250 per week until December 2020, this property is the perfect way to work your dollar and consider what could be in the future with the Wendouree market increasing by 6.4% in the past 5 years.

Call our agent today - you may be off to the bank quicker than you think.

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About wendouree

median house price

450000

median house rent

370

suburb rental yield

4.3%

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.

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