Property ID: 1P3174

63 Ellis Street Flora Hill VIC

$ 550,000
  • 3
  • 1
  • 1
  • House
  • Sold
  • 1831 sqm
  • 1
1831m2 Prime Development Opportunity
This is your chance to explore an exceptional development or landbank opportunity in the highly sought after Flora Hill area. Set on an 1831m² allotment, this property features a 3 bedroom, 1 bath cream brick residence with carport requiring renovation whilst the block provides endless potential for future development. Plans for a 4 lot subdivision are available. You may choose to incorporate the current residence, leveraging its strong rental history (currently rented at $330 per week) for an income stream while you decide on the next steps. Alternatively, clear the site for a standout residential project, a modern family home, or a purpose-built educational or medical facility (STCA). With General Residential Zoning and a gentle slope to the rear of the block, this property is primed for redevelopment. A scattering of mature shade trees adds character to the site. Its unbeatable location places you steps from Bendigo South East College & La Trobe University & a short walk to Strath & Kennington Village shops, Kennington Reservoir, public transport & a host of other amenities. Don't miss this fantastic opportunity!
Features
  • Living Area
  • Ceiling Fans
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Room for Boat/Caravan

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