In-Room Auction, at The Drawing Room -79 Olinda Street, Quarry Hill<br/><br/>Set on an expansive 2,538m² (approx.) allotment with valuable dual street frontage, this rare West Bendigo holding presents a standout opportunity for renovators, developers, builders, or buyers wanting space, flexibility and future potential-all less than 7 minutes from the Bendigo CBD.<br/><br/>Positioned on a prominent corner and surrounded by established gums, the property includes an original-condition two-bedroom home offering a footprint ready for renewal. Whether you choose to restore and modernise the current dwelling, extend, rebuild, or pursue broader development possibilities (STCA), the scope here is significant.<br/><br/>The existing home features a functional layout with a large open-plan living and dining area, retro kitchen, two bedrooms (master with BIRs), central bathroom and laundry. While the dwelling is in need of substantial work, it provides a solid base for those with vision.<br/><br/>Outside, the generous land size, shape and dual access points enhance the property's appeal-ideal for:<br/><br/>Renovators wanting to transform the home and create a lifestyle property<br/><br/>Developers/builders exploring subdivision or multi-dwelling redevelopment (STCA)<br/><br/>Investors seeking a strategic landbank close to the city<br/><br/>Owner-occupiers wanting a large parcel for shedding, vehicles, hobbies or future plans<br/><br/>The lifestyle and convenience on offer further elevate the opportunity-walking distance to Red Energy Arena, Specimen Hill Primary School, Community Kids ELC, nearby reserves and walking tracks, and quick access to local shops and transport.<br/><br/>Key Features<br/><br/>Large 2,538m² (approx.) allotment with dual street frontage<br/><br/>Original-condition home requiring renovation<br/><br/>2 bedrooms, central bathroom, open-plan living/dining, functional kitchen<br/><br/>Excellent development or subdivision potential (STCA)<br/><br/>Corner position with multiple access options<br/><br/>Walking distance to Red Energy Arena and nearby schools<br/><br/>Under 7 minutes to Bendigo CBD and close to local amenities<br/><br/>Ideal for renovators, developers, investors or landbank buyers<br/><br/>Opportunities with this level of flexibility and location advantage are exceedingly rare. Whether you're seeking a renovation project, a redevelopment site, or a long-term landbank investment, 120-122 Inglis Street, West Bendigo is an exceptional prospect.
