153 Arnold St, Bendigo

Inner City block ideal for development - A hop step and jump to the Hospital and CBD.

• Opportunity presents: This property presents a great opportunity for the astute investor or medical practitioner to secure a property almost on the doorstep of the new Hospital. It is being overlooked because of the need to retain the existing home on the property. If a two lot sub-division was undertaken and the existing home sliced off on minimal land and onsold the remaining land could be utilised for a new medical/allied health/dental clinic. For those that think outside the square this is a great opportunity
• Strategy:- Undertake a two lot sub-division, the existing home/structure retained on a small parcel of land and on sold as is at an estimated $225,000 to $250,000. This strategy makes the second block clear for development at a very affordable purchase price.
• Ideal inner city development site of 985m2 zoned General residential
• Perfect location for a childcare centre subject to Council approvals
• Situated almost on the doorstep of the Hospital and only minutes to the Bendigo CBD
• Perfect site in Bendigo for allied health, dental, medical disciplines or residential development
• The property does have a period renovator requiring a complete refit to make the home liveable. The home is nicely situated on the block to allow for further development of the remainder of site
• Perfect opportunity to renovate the existing home and develop the site to take advantage of the hot property market in this very central blue chip locale
• The block size is 985m2 and is certainly a blue chip locale - as blue chip as it can get!
• All services are available to the titled block of 985m2 which is ready to build on and is zoned General residential. A very affordable block of land in this high growth area of  Bendigo that presents a good opportunity to consider a multi site development
• Extremely high profile location close to the CBD ( 2.0 km walk to Central Bendigo),  train station and all amenities. Only a one hundred metre walk to the new Hospital. Walk to Lake Weeroona, Rosalind Park, Train station and Arts precinct
• This is one of Bendigo's best locations without question for inner city living or for allied health/medical business premises
• An excellent opportunity to enter the property market or grow your investment port folio