
85-87
Duke
Street
castlemaine
VIC,
3450
Sold for $675,000
Large Block with Vast Value Add Options
Just a couple of clicks out of town and presenting incredible potential with seemingly boundless options, this fabulous 1613sqm (approx) double allotment offers rare triple frontages which elevate the opportunity even further.
Currently on offer is a rather time-worn weatherboard with a heated/air-conditioned lounge, dine-in kitchen and three good-sized bedrooms sharing a central bathroom. With a classic verandah outside and high decorative ceilings inside, the nostalgic home would certainly respond well to the delicate touch of a committed renovator.
However, the property's true value lies in the stunning block of land. With a north-facing rear and access on three sides, those who want it all for themselves could clear the site and craft a luxury family residence with glorious alfresco areas stretching out in the sun. Alternatively, there is the chance to really capitalise and add value, by subdividing the block to make way for multiple contemporary abodes which would all still enjoy a lovely slice of greenery (all building & development STCA).
Just moments from Castlemaine's shops, cafes & amenities, this piece of rural paradise is ideally located midway between beautiful Daylesford and Bendigo's bustling CBD.
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Nearby Schools
About castlemaine
median house price
750000suburb growth
1.4%median house rent
495suburb rental yield
3.4%Similar Properties
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