*Inner city period home requiring a complete refit to make live-able. Engineering plans are available for a refit of the existing home shell and for a proposed extension!
*Planning approvals are in place with COGB - simply apply for the building permit
*Perfect opportunity to renovate the existing home and undertake the proposed extension to achieve a beautiful inner city residence
*Ideal for those wanting to alternatively restore the current home to it's former glory and sub-divide to build a new townhouse on site (STCA). Previously there has been a permit for sub-division but this is now expired.
*The block size is 543m2 positioned in a blue chip locale - one of Bendigo's better locations for inner city living
*Extremely high profile location-1.6 km walk to Central Bendigo CBD, train station and all amenities
*Close to Lake Weeroona, Rosalind Park, Arts precinct, new Hospital, shops, cafes and restaurants
*Period homes are the flavour of the month in Bendigo so a restoration of this cottage will reward the investor.
*Given the desirable locale it is an area where you will always be rewarded for your investment - almost impossible to over capitalise
*All services are available to the block i.e. natural gas, power, town water, sewer etc
*COGB Council prefers the home to be retained and renovated
*Please note that at the present time and given the present condition of the home it needs to be fully renovated to make liveable.
A superb opportunity presents to buy a nice period renovator on the doorstep of the CBD. You also have with this block the flexibility to renovate the existing home and also build a new extension or sub-divide (STCA). A permit was granted previously but has expired so the precedent id there to do same. Ideal location for both yield and capital growth.
Property Code: 583
