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42 Torrens St

Marong VIC 3515

3
1
2
2129 m²
House
Currently for sale - view listing

Overview

APPROVED CHILDCARE DEVELOPMENT OPPORTUNITY ON OVER HALF AN ACRE

Positioned on a substantial 2,129m² (approx.) allotment in the heart of rapidly growing Marong, 42 Torrens Street presents an exceptionally rare opportunity to secure a property with an approved planning permit for a childcare centre, while also offering an existing residence with immediate holding income potential. The property is improved by a comfortable red cedar featuring a practical layout, established gardens and several shedding and outbuildings, providing flexibility for a purchaser looking to occupy, lease or hold the property while preparing for future development. Mature native trees frame the front of the property, creating an attractive streetscape and enhancing the existing home. What truly sets this property apart is the significant planning work already completed. The City of Greater Bendigo has granted approval for the development of a childcare centre, removing much of the time, uncertainty and expense typically associated with securing planning approval. The permit allows purchasers to fast-track their plans in one of the region's fastest-growing communities. Ideally located just metres from Marong Primary School and within easy walking distance of the town centre, general store, community hall, kindergarten and public transport, the site is perfectly positioned to service the growing number of young families choosing to call Marong home. Bendigo's CBD is only around 15 minutes away via the Calder Highway, further enhancing the area's appeal. Whether you're a childcare operator looking for your next location, a developer seeking a permit-approved project, or an investor wanting to landbank in a high-growth township, 42 Torrens Street delivers a truly unique opportunity with outstanding future potential. **Property Features** * 2,129m² (approx.) allotment. * Existing brick residence with established gardens. * Multiple sheds and outbuildings. * Approved planning permit for a childcare centre. * Walking distance to Marong Primary School, kindergarten and township amenities. * Excellent access to the Calder Highway and approximately 15 minutes to Bendigo. * Rare opportunity to secure a development-approved site in a thriving growth corridor.

Features

3 bedrooms
1 bathroom
2 carspaces
2129 m² lot size
House

Property history for 42 Torrens St

2017
Sold
$342,500
05 Jul 2017 by Greg Heard, of Tweed Sutherland First National

Happy sellers in Marong

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Local market activity for 3 bedroom houses in Marong

In the last 12 months, 5 three-bedroom houses similar to 42 Torrens St, have been sold.

This represents a 74% increase in three-bedroom houses sales when compared to the previous 12 months.

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