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37 Lawrence St

Beaufort VIC 3373

2
1
4
175 m²
3067 m²
House
Currently for sale - view listing

Overview

Prime Development Opportunity with Existing Rental Income

Presenting an exciting opportunity in the heart of Beaufort, this property combines an established, income-producing home with a substantial landholding of approximately 3,067m² and exciting development potential, subject to relevant approvals. With its generous land size and existing zoning, the property offers an appealing proposition for developers, investors and buyers looking to secure a foothold in a well-positioned regional township. • Currently featuring a tenanted two-bedroom residence, the property provides the opportunity to generate rental income while exploring its future possibilities. Adding further appeal is an existing large shed, along with additional undercover vehicle accommodation, offering valuable flexibility for storage, vehicles or a range of practical uses. • Conveniently located within walking distance of Beaufort's local shops, supermarkets and schools, the property combines a central township position with the potential to explore future development opportunities. Whether you are looking to expand your investment portfolio, investigate subdivision possibilities or secure a property with multiple options, this is an opportunity worthy of your attention. • The substantial landholding of approximately 3,067m², combined with the property's existing zoning, presents an opportunity to investigate potential subdivision or development options, subject to council approval and relevant planning requirements. • The established two-bedroom residence is currently tenanted, providing an opportunity to receive rental income while considering your longer-term plans for the property. • A substantial shed adds considerable versatility to the property, offering valuable space for storage, equipment, vehicles or other practical uses, depending on the buyer's requirements. • Enjoy the benefit of being within walking distance of Beaufort's local shops, supermarkets and schools, with everyday essentials and community facilities close at hand. • The existing home features two spacious bedrooms with excellent built-in robe storage, providing comfortable accommodation and an established rental proposition. • The combined living, dining and kitchen area creates a practical, connected space for everyday living, making efficient use of the home's existing layout. • Electric cooking and split-system heating and cooling provide everyday convenience and year-round comfort for the home's occupants. The bathroom includes a walk-in shower and safety rails, offering practical and accessible features within the existing residence. • Gorgeous gardens enhance the home's appeal, while the rear entertaining deck provides an inviting space to relax and enjoy the outdoors. In addition to the large shed, the property includes a carport adjoining the home, a separate three-bay carport at the rear of the block, and a garden shed with an adjoining woodshed section. • Prospective purchasers should undertake their own due diligence regarding zoning, subdivision and development potential, existing tenancy arrangements, planning restrictions and council requirements.

Features

2 bedrooms
1 bathroom
4 carspaces
2 carport spaces
2 garage spaces
175 m² floor area
3067 m² lot size
House

Property history for 37 Lawrence St

2022
Rented
Undisclosed
Leased on 19 Dec 2022 by McGrath Ballarat
2019
Rented
Undisclosed
Leased on 20 Sep 2019 by McGrath Ballarat
2018
Rented
Undisclosed
Leased on 28 May 2018 by BigginScott Ballarat & Creswick

Happy sellers in Beaufort

88%
88% of sellers in Beaufort reported that their sale price either exceeded or met their price expectations.

Beaufort stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Beaufort over the last 12 months.

Local market activity for 2 bedroom houses in Beaufort

In the last 12 months, 4 two-bedroom houses similar to 37 Lawrence St, have been sold.

This represents a 33% decrease in two-bedroom houses sales when compared to the previous 12 months.

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