42 Derwent Dr, Long Gully, VIC, 3550

For Sale

42 Derwent Dr, Long Gully, VIC, 3550

581 m²

House

•

30+ days on the market

View agent price guide

Inspection times

Inspections are by appointment only.

What's around 42 Derwent Dr

Raw Potential - Clear and Create Your Vision

This Long Gully property is an ideal project for builders, developers, or anyone looking for an affordable block of land. The block has excellent potential for a two-lot subdivision (STCA) to build two new homes, allowing you to live in one and sell or rent the other. The existing house has severe fire damage and is unlivable. It requires a full knockdown or structural rebuild (STCA) Clear the site to build one or two modern homes and instantly add value (STCA). The location is highly convenient and close to local primary schools, the Long Gully Reserve playground, the BMX track, and the community garden. The previous owner planned to develop this site themselves but is selling due to a change in circumstances. To give the buyer a head start, the sale includes roof trusses and windows valued at $14,000. Whether you want to subdivide, flip a project, or build an affordable home to live in yourself(STCA), this titled block offers great value.