13 Spencer St

Sebastopol VIC 3356

178 m²

1123 m²

House

Currently for sale - view listing

Overview

Ready-To-Go Development

An outstanding development opportunity awaits with plans and permits already approved for the construction of four contemporary townhouses on an expansive allotment of approximately 1,123sqm. With the hard work already completed, this property provides developers with the opportunity to move forward with a ready-to-go project without the lengthy planning process. The approved development comprises four well-designed townhouses, offering a combination of three and two-bedroom residences. The front townhouse is single-level and features three bedrooms, two bathrooms, a double garage and its own private driveway, while the three rear residences are positioned over two levels and provide a mix of three-bedroom, two-bathroom accommodation with double garages, along with a two-bedroom, one-bathroom townhouse with a single garage. Designed with modern living in mind, the approved plans provide a well-considered mix of residences that are ideally suited to the strong demand for low-maintenance housing in the area. The existing dwelling is ready for demolition, while providing the added benefit of current rental income of approximately $350 per week in the meantime. Positioned in the established and growing suburb of Sebastopol, the site is conveniently located close to local shops, supermarkets, schools, public transport and a range of everyday amenities. Delacombe Town Centre is just a short drive away, while Ballarat CBD is also easily accessible. With its substantial landholding, approved plans and permits, and convenient location, this is an exciting opportunity for developers, builders or investors looking to secure their next project. Plans and permits are available upon request. Contact us today for further information.