723 Midland Highway

Huntly VIC 3551

2220 m²

House

Last sold for $520,000

Damien O'Shannessy, last sold this property on 29 April 2024 after 45 days on market.

Overview

Exceptional Opportunity in the Heart of Huntly

Positioned prominently on the corner of Midland Highway and Deep Lead Road, 723 Midland Highway offers a prime location within the thriving community of Huntly. This impressive 5-bedroom besser brick home stands tall on a spacious 2220m2 corner allotment, presenting a rare opportunity for both investors and owner-occupiers alike. The main bedroom is a sanctuary of comfort, featuring a walk-in robe and ensuite for added convenience. The heart of the home unfolds with an open-plan kitchen, living, and dining area, providing a versatile space for modern living. Equipped with split system heating and cooling, electric cooking appliances, and a dishwasher, this residence offers contemporary comfort and functionality. The ensuite boasts a shower, toilet, and vanity, while the main bathroom features a shower, bath, and vanity, catering to the needs of the entire household. Completing the picture of convenience, a double garage and a 6m x 6m shed offer ample storage space and parking options. Currently leased at $480 per week, this property presents a lucrative investment opportunity with immediate rental income for investors. With tenants expressing interest in continuing their lease, you can enjoy hassle-free income from day one. Furthermore, there is potential for rental increases at the upcoming review, maximizing your return on investment. For owner-occupiers seeking their dream home, vacant possession is also available, allowing you to move in and enjoy the comforts of this spacious residence at your leisure. Looking to secure your future? This property offers the potential to land bank for future development or expansion opportunities. Adding to its appeal, this property adjoins 99 Sawmill Road, which is also available for purchase, presenting an exciting opportunity for further investment or development possibilities. Don't miss your chance to secure this exceptional property in a sought-after location. Contact us today to arrange a private viewing and explore the endless potential that awaits at 723 Midland Highway, Huntly.

Features

5 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

2220 m² lot size

House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Huntly over the last 12 months, the estimated median property value of 723 Midland Highway is $667.5k.

Median value

$667.5k

Estimated value range

$630k - $770k

Median days on market

Estimated value trend

-36%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Huntly. 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.