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Evelyn
Street
wendouree
VIC,
3355
SOLD
Sold for $517,000
4
2
2
High Yield Dual Income Investment Opportunity with Future Development Potential
Ideally located on a quiet street in ever-popular Wendouree, this property presents a truly unique opportunity to secure a low maintenance, high yield, dual income investment property with exciting future subdivision and development potential.
Each unit consists of 2 large bedrooms with BIRs, one bathroom, a spacious living area, private courtyard, single carport, and storage unit. There is a large separate garage for extra storage, while both dwellings are on the one title and are currently leased to excellent long-term renters, with an overall rental return of approximately 5%.
The expansive 788m2 (approx.) allotment is ideal for future development, with the opportunity to either subdivide or construct multiple dwellings (STCA) in a highly sought after location. With multiple schools, Stockland shopping centre, Wendouree Station, the Howitt Street retail and medical precinct plus Lake Wendouree all easily accessible nearby, this is an opportunity that will not last long. Inspections by appointment, enquire today for more information.
Ballarat's Best-Selling Team
Agents
Nearby Schools
About wendouree
median house price
335000median house rent
330suburb rental yield
5.1%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.
