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42 Derwent Dr

Long Gully VIC 3550

3
1
2
581 m²
House
Currently for sale - view listing

Overview

Raw Potential - Clear and Create Your Vision

This Long Gully property is an ideal project for builders, developers, or anyone looking for an affordable block of land. The block has excellent potential for a two-lot subdivision (STCA) to build two new homes, allowing you to live in one and sell or rent the other. The existing house has severe fire damage and is unlivable. It requires a full knockdown or structural rebuild. Clear the site to build one or two modern homes and instantly add value (STCA). The location is highly convenient and close to local primary schools, the Long Gully Reserve playground, the BMX track, and the community garden. The previous owner planned to develop this site themselves but is selling due to a change in circumstances. To give the buyer a head start, the sale includes roof trusses and windows valued at $14,000. Whether you want to subdivide, flip a project, or build an affordable home to live in yourself, this titled block offers great value.

Features

3 bedrooms
1 bathroom
2 carspaces
581 m² lot size
House

Property history for 42 Derwent Dr

2023
Sold
$165,000
04 May 2023 by Ella Douch, of Ray White Bendigo
2018
Sold
$91,000
Private Sale/Treaty on 14 Jun 2018

Happy sellers in Long Gully

90%
90% of sellers in Long Gully reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 4 reviews in Long Gully over the last 12 months.

Local market activity for 3 bedroom houses in Long Gully

In the last 12 months, 31 three-bedroom houses similar to 42 Derwent Dr, have been sold.

This represents a 41% increase in three-bedroom houses sales when compared to the previous 12 months.

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