Period home with room to extend in highly sought after Soldiers Hill
Invest in a large block with a charming period home in the blue chip location of Soldiers Hill or renovate to create your dream home. Currently leased to a reliable tenant, it is rare to find property of this size, at this price point in an established prestige suburb with so much potential. Within walking distance to Lake Wendouree, Ballarat Train Station, GovHub, CBD, primary schools and many local eateries.
The accomodation includes two generous bedrooms, open plan living with gas heating/split system cooling, well proportioned kitchen, updated bathroom & separate laundry. Some rooms retain period features such as pressed metal ceiling and ornate cornices. The property sits on its own title of land of approx. 485m2 plus includes an additional shared drive, is fully fenced, has an under-cover entertaining area and includes a large garage and additional storage shed.
With the security of a large block of land in a blue chip locale your options include continuing to invest with guaranteed rental income from an excellent long term tenant, make the most of this income whilst planning for extension/renovation (STCA) or buy with the plan to occupy once the lease ceases. Either way, this property is a solid investment for now and in the future.
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