Property ID: 1P0509
BENDIGO
- 4
- 3
- 4
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House
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Sold
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1011 sqm
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4
Astute Investors Take Note
Located inner city is this fantastic investment/development opportunity. Close to shops, schools, university and inner city Bendigo is this 1011sqm block with a weatherboard home placed at the front of the block.
The property is currently seperated into 3 seperate self contained units on seperate lease arrangements. All the units contain the following: Kitchen/Bathroom/Lounge (1 with 2 bedrooms).
Internally the units are very tidy and make excellent accomadation for students or standard tenants alike. As a total rental income the property is currently returning $435 per week.
With the residence located right at the front of the block there is an opportunity for the astute developer to sub divde (STCA) the allotment and construct units at the rear. Directly behind this parcel of land is another 1000+sqm block that is a potential investment allowing a far greater development opportunity (6 + unit site STCA) and acess via one of Bendigo's premier streets.
Contact Tom Isaacs to discuss further. M: 0417532871
The property is currently seperated into 3 seperate self contained units on seperate lease arrangements. All the units contain the following: Kitchen/Bathroom/Lounge (1 with 2 bedrooms).
Internally the units are very tidy and make excellent accomadation for students or standard tenants alike. As a total rental income the property is currently returning $435 per week.
With the residence located right at the front of the block there is an opportunity for the astute developer to sub divde (STCA) the allotment and construct units at the rear. Directly behind this parcel of land is another 1000+sqm block that is a potential investment allowing a far greater development opportunity (6 + unit site STCA) and acess via one of Bendigo's premier streets.
Contact Tom Isaacs to discuss further. M: 0417532871