PRD Bendigo 158 Lyttleton Terrace Bendigo, VIC, 3550 03 5444 0344
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138 Lockwood Road
kangaroo flat
VIC, 3555

$1,000,000

listing rooms 5
listing bathrooms 2
listing parking 12
Land: 7752 sqm

Substantial Parcel of Land in Kangaroo Flat

Nestled in the highly sought-after area of Kangaroo Flat, 138 Lockwood Road presents a rare opportunity to secure a substantial parcel of land with tremendous potential. Boasting an impressive 7,752 sqm of land with triple street frontage-spanning Lockwood Road, Fairview Road, and Fadersons Road-this property offers easy access and unmatched versatility for a variety of future uses.

Currently, the site features two separate, income-generating homes, both of which are currently leased, along with a large shed and ample car storage facilities. This setup ensures an immediate return on investment while you explore the development possibilities (STCA) that this prime land offers. Whether you're looking to land bank for the future or pursue a development project, the options are endless.

Located just 5 minutes from Lansell Square Shopping Centre, with its broad range of retail outlets, dining options, and essential services, the property also offers unparalleled convenience with a local IGA just 2 minutes away. Additionally, Bendigo's bustling CBD is only a 15-minute drive, allowing you to enjoy a peaceful suburban lifestyle while being close to all the action the city has to offer.

This is a fantastic opportunity for developers, investors, or anyone looking to secure a piece of land in a growing area with significant future potential. Whether you're looking to build, subdivide, or simply hold onto an asset that will appreciate over time, 138 Lockwood Road is a must-see. Arrange an inspection today and explore the possibilities this exceptional property has in store for you.

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About kangaroo flat

median house price

535000

suburb growth

4.7%

median house rent

450

suburb rental yield

4.4%

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.

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