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Sold

92 - 94 Chum Street, Golden Square

SOLD

6 3 4 2,275 m2

Outstanding investment/development opportunity in central locale - One of Bendigo's best!

  • Absolutely outstanding investment opportunity in central Bendigo
  • Ideal property for social housing development
  • Alternatively retain the home that is easily converted into three units and expand the site with additional units - superb investor development opportunity!
  • One of Bendigo's best inner city development opportunities
  • Planning in Bendigo by COGB is moving towards high density residential development in the longer term making this property perfect for the investor.
  • You simply will not find a 2,275m2 allotment for development almost anywhere in the COGB
  • Perfect for the astute investor wanting to undertake a development in Bendigo
  • Yes approximately 2,275m2 (half acre plus) zoned general residential
  • Close to the medical precinct presenting the perfect opportunity for a medical practice/allied health development
  • Ideal site for a unit development and to modernise the existing home and onsell
  • Existing home is offering 6 bedrooms and three bathrooms
  • A very rare opportunity to secure a fabulous block in a tremendous locale
  • Explore the options for sub-division - ideal for a number of pursuits e.g. townhouse, medical, unit site development etc
  • Existing home and unit offer potential for an excellent yield and capital growth
  • Close to St John of God Hospital, new Hospital, health services, Fortuna, CBD, Aged care facilities and all amenities
  • Perfect property for the tradie wanting a home with extensive land and shedding
  • Existing home has six brms, three bathrooms, kitchen/meals, lounge, family room, storage room etc and is certainly liveable and rentable
  • Call Gavin on 0427 88 77 66 to discuss some great options for this property

This magnificent property presents a very rare opportunity to secure a residential development property that could be developed for a multitude of purposes. The property is approximately half an acre acre zoned general residential and is in a great locale. It is a property certainly worth considering in a market that remains affordable and below the heights it will achieve over the next three years.

 

 

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Features

Verandah Fenced Close to school Balcony

Details

Address 92 - 94 Chum Street, Golden Square
Price SOLD
Property Type Residential
Property ID 578
Category House
Land Area 2,275 m2
Floor Area 170 m2

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Gavin Butler

0427 887 766