Inner City Renovator with huge potential and sub-divison distinct possibilities.
*Inner city block of land with an old renovator requiring complete refit to make liveable - massive potential for the investor!*Ideal block for sub-division to maximise returns on your investment*Perfect opportunity to renovate the existing home and take advantage of the hot property market*Ideal for those wanting to restore the home to it's former glory and sub-divide to build a new townhouse adjoining (STCA) *The block size is 417m2 and it is a corner allotment in a blue chip locale - as blue chip as it can get! This renovator is being sold for land value *Extremely high profile location-1.3 klm walk to Central Bendigo, CBD, train station and all amenities*A short walk to Lake Weeroona, Rosalind Park, Train station, Hospital, Arts precinct & CBD*This is one of Bendigo's best locations without question for inner city living with Havelock street being very highly regarded and desirable*A restoration of this cottage in this locale will certainly return reward for effort*COGB Council prefers the home to be retained and renovated
A superb opportunity presents to buy a nice corner block with a period renovator on the doorstep of the CBD. You also have with this block the flexibility to renovate the existing home and also build a new townhouse adjoining (STCA). A permit was granted previously but has expired so the precedent is there to do same. Ideal location for both yield and capital growth.
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