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71A Cowan Street

Benalla VIC 3672

1632 m²
Land
Currently for sale - view listing

Overview

RARE DEVELOPMENT OPPORTUNITY OR ULTIMATE LIFESTYLE BLOCK IN BENALLA WEST

The Opportunity of a Lifetime in a Prime Location Discover the perfect canvas for your next project or your dream home. Situated in a highly sought-after and popular pocket of Benalla West, this massive 1,632m² level block offers unparalleled versatility and value. Whether you are a savvy developer looking for your next venture or a family seeking the space to build a forever home on a substantial town block, 71A Cowan Street is the answer. Approved Planning Permit - Ready to Go! Skip the lengthy council delays and jump straight into development. This property comes with an approved planning permit for a 3-lot subdivision, making it an incredibly versatile investment. With all town services already available, the hard work has been done, allowing you to focus on the build. •Option 1: Execute the 3-lot subdivision and capitalize on the growing demand for housing in Benalla. •Option 2: Build a sprawling family residence with room for a shed, pool, and expansive gardens-a true lifestyle rarity in a central location. Why Benalla? Benalla is rapidly becoming one of the most desirable areas in the region, benefiting from significant local investment and infrastructure upgrades. •Education: Located within the zone for the highly regarded Benalla P-12 College (Waller Campus) and close to local primary schools and the TAFE campus. •Recreation: Just moments away from the newly upgraded Waminda Park, featuring modern play equipment, BBQ facilities, and picnic areas. The nearby splash park and basketball stadium offer endless entertainment for families. •Convenience: Enjoy easy access to Benalla's vibrant town centre, including the renowned Art Gallery, local cafes, and the newly rebuilt police station and community facilities. Investment Highlights •Massive 1,632m² level block in a prime residential pocket. •Approved 3-lot subdivision permit (Application 3422896). •All town services available and ready for connection. •Priced competitively at $320,000 to reflect both its size and development potential. Benalla is experiencing steady growth, with median house prices reaching over $500,000. This block represents a strategic entry point into a thriving market. Don't miss out on this versatile property! Whether you develop, invest, or build, 71A Cowan Street offers a future full of possibilities. Contact our office today for further information.

Features

1632 m² lot size
Land

Property history for 71A Cowan Street

2024
Sold
$260,000
05 Feb 2024 by Mandy Reed, of Living Here - Benalla

Happy sellers in Benalla

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

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

This is based on voluntary sentiment collected from 21 reviews in Benalla over the last 12 months.

Local market activity for land plots in Benalla

In the last 12 months, 34 land plots similar to 71A Cowan Street, have been sold.

This represents a 37% increase in land plots sales when compared to the previous 12 months.

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