Back 71 Powells Avenue
Off Market

71 Powells Avenue

East Bendigo VIC 3550

5
3
3
1415 m²
House
Last sold for $860,000
Matt IngramMatt Ingram, last sold this property on 21 June 2022 after 56 days on market.

Overview

1415sqm of Industrial 3 Zoned Land - A Rare Opportunity for Development

Here is an ultra-rare opportunity to purchase two neighbouring properties and secure yourself a substantial 1415sqm (approximately) of Industrial 3 zoned land which is perfectly located on the fringe of East Bendigo's industrial precinct. With each allotment of around 700sqm comes a tired home in need of some major renovations, but the land and its potential is the real value here. With zoning such as this there are endless opportunities for mixed usage and small business - think small-scale manufacturing, hospitality and office space, and once the primary industry has been established, there is also scope for complementary infrastructure including warehousing or office space (all STCA). With residential development permissible with some restrictions, this hard-to-find proposition boasts a location close to transport and amenities and under 5km from the centre of Bendigo.

Features

5 bedrooms
3 bathrooms
3 carspaces
1 open car space
2 garage spaces
1415 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in East Bendigo over the last 12 months, the estimated median property value of 71 Powells Avenue is $794.25k.

Median value
$794.25k
Estimated value range
$506.5k - $1.3m
Median days on market
22
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in East Bendigo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 71 Powells Avenue

2022
Sold
$860,000
21 Jun 2022 by Matt Ingram, of PRD Bendigo

Happy sellers in East Bendigo

87%
87% of sellers in East Bendigo reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 6 reviews in East Bendigo over the last 12 months.

Local market activity for 5 bedroom houses in East Bendigo

In the last 12 months, 4 five-bedroom houses similar to 71 Powells Avenue, have been sold.

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