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8 Banksia Road

Wendouree VIC 3355

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

Overview

DEVELOPMENT POTENTIAL & POSITION IN WENDOUREE, 666m2 (approx.) WITH PLANS (STCA)

Positioned on a generous 666m² (approx.) allotment in the established and highly convenient suburb of Wendouree, 8 Banksia Road presents an exciting opportunity for homeowners, investors and developers alike. Offering a comfortable existing residence, the home features three bedrooms, a central bathroom, separate living, and a functional kitchen and dining zone. A covered patio and practical laundry area add further everyday convenience, while the established backyard provides plenty of space for outdoor enjoyment. The real attraction, however, lies in the land. Set on a substantial parcel of approximately 666m² (approx.), the property offers exciting potential for future development, with the current owner having explored potential plans for additional units. Whether you choose to enjoy the existing home, invest and land-bank for the future, or investigate the development possibilities further, there is plenty of scope to add value here (STCA). With its generous landholding, established residential setting and potential for further development, this is an opportunity that deserves serious consideration. Located within easy reach of Wendouree's shopping, schools, public transport and everyday amenities, the property combines immediate practicality with exciting future possibilities. Currently an investment property, with rent coming in weekly. Opportunities offering this combination of land, location and potential are becoming increasingly sought after. Enquire today to explore what could be possible at 8 Banksia Road. Contact the exclusive listing agent Joshua Donaldson on 0488 141 582 today!

Features

3 bedrooms
1 bathroom
2 carspaces
666 m² lot size
House

Property history for 8 Banksia Road

2023
Rented
Undisclosed
Leased on 08 Nov 2023 by PRD Ballarat
2022
Sold
$310,000
07 Mar 2022 by John McMahon, of PRD Ballarat

Happy sellers in Wendouree

95%
95% of sellers in Wendouree reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 3 bedroom houses in Wendouree

In the last 12 months, 151 three-bedroom houses similar to 8 Banksia Road, have been sold.

This represents a 24% increase in three-bedroom houses sales when compared to the previous 12 months.

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