Two Properties, One Outstanding Opportunity – Residential, Investment or Commercial Potential

Two Properties, One Outstanding Opportunity – Residential, Investment or Commercial Potential

3 Howard Street, Epsom

Set on approximately 767m² in one of Bendigo’s high-growth corridors, 3 Howard Street presents an exciting and incredibly versatile opportunity. Offering a well-presented family home together with a fully self-contained one-bedroom brick unit, the property delivers genuine flexibility for owner-occupiers, investors and those looking to take advantage of its Commercial 2 zoning.

Whether you are looking for a comfortable home with additional accommodation, the potential for multiple income streams, or a strategically positioned property with commercial possibilities, this is a property that deserves your attention.

The main residence is extremely well presented and features a spacious open-plan living and dining area, complemented by a brand-new kitchen that has only recently been installed. Fresh, bright and functional, the kitchen provides excellent bench and cupboard space and forms the heart of this very comfortable home.

Accommodation in the main residence comprises two bedrooms plus a study/store room, with the additional room having previously been utilised as a third bedroom. Year-round comfort is provided by a gas heater and split-system heating and cooling.

One of the major attractions of the property is the separate one-bedroom brick unit positioned in the rear yard. In excellent condition and separately metered, it is completely self-contained with its own kitchen, meals and living area, generous bedroom and bathroom.

This creates a host of possibilities. Live in the main residence and lease the unit for additional income, provide independent accommodation for a family member, or explore the investment potential of the property as a whole. For an investor, the main home has an estimated rental return of approximately $695 per week, while the separate unit provides the opportunity for an additional income stream. A simple dividing fence could further enhance the separation and privacy between the two residences.

Outside, there is plenty to appreciate. A large undercover entertaining area provides an excellent space for barbecues, family gatherings and relaxed outdoor living, while the secure rear yard offers established lawns and gardens with plenty of room for children to enjoy. A small lean-to and garden shed provide additional storage.

Adding another dimension to the property is its Commercial 2 zoning, offering prospective purchasers the opportunity to investigate commercial uses while retaining the property's appeal for residential living. This versatility, combined with the separate accommodation, substantial allotment and highly convenient location, makes 3 Howard Street a particularly interesting proposition.

The location is another standout. Positioned within easy walking distance of Epsom Primary School, public transport, supermarkets and the extensive shopping and services of Epsom Village, everyday conveniences are close at hand. Epsom Railway Station is also nearby, while the continued development of the surrounding area reinforces Epsom's reputation as one of Bendigo's key growth corridors.

Property Highlights

• Approximately 767m² allotment
• Commercial 2 zoning providing residential and commercial possibilities
• Main residence with two bedrooms plus study/store room, previously used as a third bedroom
• Spacious open-plan living and dining
• Brand-new kitchen
• Gas heating plus split-system heating and cooling
• Separate, fully self-contained one-bedroom brick unit
• Unit features its own kitchen/meals/living area, bedroom and bathroom
• Unit is separately metered and presented in excellent condition
• Potential to live in one residence and derive income from the other
• Main residence rental estimate of approximately $695 per week
• Large undercover outdoor entertaining area
• Secure, family-friendly rear yard
• Established lawns and gardens
• Garden shed and additional lean-to storage
• Walking distance to schools, shops, supermarket, bus services and amenities
• Close to Epsom Railway Station
• Positioned within a significant Bendigo growth corridor

Two properties for the price of one, multiple potential income streams and Commercial 2 zoning – 3 Howard Street is an opportunity with options.

Ideal for the family wanting additional independent accommodation, the investor seeking strong income potential, or the purchaser looking for a strategically positioned property with future commercial possibilities, this is a versatile Epsom property that is well worth an inspection.

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.