1 Almurta St

Alfredton VIC 3350

975 m²

House

Currently for sale - view listing

Overview

Rare Development Opportunity in Blue-Chip Alfredton 975m² with Strong Holding Income

Positioned in one of Ballarat's most tightly held and fast-growing pockets, this exceptional property presents a standout opportunity for developers and astute investors to secure a substantial landholding with immediate income and outstanding future potential. Set on an expansive 975m² (approx.) allotment, 1 Almurta Street offers endless scope for redevelopment, subdivision or multi-dwelling projects (STCA) in a location renowned for strong rental demand and consistent capital growth. The existing solid four-bedroom home is currently leased to reliable tenants and professionally managed, offering peace of mind for investors. With an updated rental appraisal indicating potential for increased returns, the property provides a steady and dependable income stream while you plan and secure future development approvals. Strategically located within the highly sought-after Ballarat High School zone, and in close proximity to elite private schools including Ballarat Clarendon College, St Patrick's College, Ballarat Grammar and Loreto College, this address continues to attract quality tenants and long-term growth. Enjoy unbeatable convenience with easy access to shopping centres, schools, sporting facilities and public transport, while being just minutes from the Ballarat CBD. Key Investment Features: - Prime Alfredton location with strong growth fundamentals - Expansive 975m² (approx.) landholding with significant development upside (STCA) - Ideal site for townhouse or multi-dwelling development - Secure lease in place immediate rental return with future uplift - Highly desirable school zoning and proximity to leading education facilities - Rare large parcel offering in a premium, tightly held suburb Opportunities of this scale and potential are increasingly scarce. Secure your position in one of Ballarat's most in-demand locations and capitalise on the future growth. Enquire today 0452368806 to unlock the full potential of this exceptional investment.