Bed 4 Bath 3 Cars 3
$950,000 - $995,000
AGENT: Gavin Butler Real Estate
CONTACT: Gavin Butler on 0427 887 766
INSPECT: By appointment
HERE'S a chance to scoop a blue-chip investment with immediate income and extra land in a growing location.
At Ascot, the offering comprises three home units on a land title measuring about 2033 square metres.
Licensed estate agent Gavin Butler said the property is adjacent Bendigo Golf Club and a short distance from Bendigo Jockey Club.
"It's a rare opportunity to secure three dwellings with yield, on one site, with further potential for the future." (STCA).
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The land is currently zoned for low-density residential use which is subject to change as the city grows and the demand for land increases.
Dwellings include one two-bedroom unit and two single-bedroom units which are in excellent condition.
One unit is owner-occupied and two units are leased to long-term tenants who are happy to stay.
Options abound for the buyer - live in and lease out, or capitalise on the location and offer furnished accommodation to visiting tourists, golfers and race-goers.
Gavin said a vacant block at Ascot will currently fetch between $330,000 - $360,000, possibly more.
Which makes this offering very attractive considering it has three dwellings and immediate income.
As well as a whopping block which is four times larger than the average general residential allotment.
Units are comfy, clean and well-appointed with bright kitchen, light-filled living, fitted storage, onsite parking and a garden shed.
Individual features include dishwasher, separate bathroom, ceiling fans, reverse-cycle airconditioning and patio living.
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