Positioned on a superb corner allotment of over 1,000m² in the heart of popular Golden Square, this property offers incredible flexibility and outstanding potential for subdivision, redevelopment, renovation or future land-banking (STCA). With dual street frontages and approx. 600m² of usable rear yard space, the possibilities are as exciting as they are varied.
The existing home at 5 Hunter Street is a spacious three-bedroom weatherboard residence, currently vacant and ripe for renovation. Inside, you'll find a generous carpeted lounge equipped with gas heating and an air conditioner for year-round comfort. The adjoining kitchen and meals area is original but functional, with ample space for a family dining table and plenty of scope to modernise and add value.
Each of the three bedrooms are of good proportions, with built-in robes to one. The central family bathroom includes a separate shower, bath and basin, with a separate toilet nearby. Outside, there's a partially covered rear verandah, a securely fenced backyard, and two sheds - one measuring 6m x 5m (ideal for a workshop) with concrete floor and a smaller one for parking (x1 carport and x1 garage).
But the real value lies in the land. This sizeable corner block is primed for development, with ample room at the rear to create two additional lots or construct townhouses (STCA), each with their own street frontage and title. Alternatively, investors may choose to renovate the existing home, rent it out and hold the land for future capital growth. Either way, it's a smart play in a high-demand location.
Located in a quiet and well-established pocket of Golden Square, you're just minutes to Bendigo CBD, local schools, shopping, public transport and sporting reserves.
Whether you're looking to develop, invest or landbank, this property is the perfect canvas for your next venture. Secure your slice of Golden Square with this exceptional allotment - your future plans start here.
