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9 Ryan St, North Bendigo

SOLD

2 1 1,107 m2

Inner City block of land (1,107m2) plus renovator with huge potential and sub-divison distinct possibilities!

  • Inner city block of land with an old renovator requiring a complete refit -
    massive potential for the investor!
  • Ideal block for sub-division to maximise returns on your investment- potential to fit three or four townhouses after removal of the existing home
  • Perfect opportunity to renovate the existing home as a project and take advantage of the hot property market
  • Ideal for those wanting to restore the home or alternatively clear the block and sub-divide to build units or townhouses (STCA)
  • The block size is 1,107m2 in a blue chip locale - close to the Hospital and CBD! This renovator is being sold for land value
  • Extremely high profile location-3.0 klm walk to Central Bendigo, CBD, train station and all amenities
  • A short walk to Lake Weeroona, Rosalind Park, Train station, Hospital, Arts precinct & CBD
  • This is one of Bendigo's best locations without question for inner city living and those that take on a development will be rewarded. A very highly regarded and desirable location
  • Excellent area for capital growth and good yields
  • Realistically the block of land presents excellent opportunities for development as opposed to renovating the existing home. The price is negotiable and by way of example a 303m2 block of land in the area was sold by us recently for $350,000. So this land allotment is very good value!


 

A superb opportunity presents to buy a quarter acre block with a renovator on the doorstep of the CBD. You also have with this block the flexibility to renovate or detonate the existing home and build  new townhouses on site. 

Details

Address 9 Ryan St, North Bendigo
Price SOLD
Property Type Residential
Property ID 696
Category Vacant Land
Land Area 1,107 m2
Floor Area 204 m2

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Gavin Butler

0427 887 766