616
York
Street
ballarat east
VIC,
3350
$780,000 - $820,000
4
2
2
Golden Development Opportunity in Prime Location
Perfectly positioned less than 10 minutes from the CBD, on the Melbourne side of town with easy access to the train station and Western Freeway, this spacious, solid family home on a huge 1737m2 (approx.) central allotment represents a golden opportunity for potential subdivision, development, and the construction of multiple townhouses (STCA).
- Wide 23m (approx.) frontage for ease of access
- All services available for connection
- Site generally flat with slight slope towards the rear
- Outstanding location backing on to a reserve with schools, supermarkets, restaurants, cafes and bars all available nearby
- Extremely solid existing dwelling currently leased to an excellent renter
- Master bedroom features a WIR and ensuite
- Three additional bedrooms with BIRs
- Family bathroom with bath and separate toilet
- Two spacious light-filled living areas
- Updated kitchen with open plan dining space
- Front dwelling with enclosed, private and secure backyard
- Undercover parking for two vehicles
Large, vacant development sites are almost a thing of the past in central Ballarat. This property offers the best of both worlds, with the existing dwelling providing rental income while plans and permits are being approved. Enquire today for more information and to avoid missing out.
Ballarat's Best-Selling Team
Agents
Nearby Schools
About ballarat east
median house price
480000median house rent
400suburb rental yield
4.3%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.
