Positioned in a well-established and highly accessible pocket of Wendouree, 8 Dermot Street presents an outstanding opportunity for investors seeking a quality property with immediate income and long-term growth potential. Set on a generous 636m² (approx.) allotment, this solid home offers the perfect combination of reliable returns and a convenient family-friendly location.
A major advantage of this property is the secure tenancy already in place until July 2027, providing investors with peace of mind and consistent rental income from day one.
The home features three spacious bedrooms, well-appointed bathroom, and comfortable living area designed for practical family living. The functional floorplan caters to a broad tenant market, ensuring ongoing appeal in a location where quality rental properties remain in strong demand.
At the heart of the home, the open-plan living and dining space provides a welcoming environment for everyday living, while the generous backyard offers plenty of room for outdoor activities, family enjoyment, or future enhancement opportunities (STCA).
Completing the package is a double garage and carport, providing secure vehicle accommodation and valuable additional storage.
Conveniently located close to schools, shopping centres, medical facilities, public transport, sporting venues, and parklands, the property offers easy access to everything that makes Wendouree one of Ballarat's most popular and practical suburbs. Stockland Wendouree, the Wendouree Train Station, and Lake Wendouree are all just a short distance away, further strengthening the property's investment appeal.
Whether you're looking to expand your portfolio or secure a well-positioned asset with an established tenancy, 8 Dermot Street represents an excellent opportunity in a strong and proven market.
Price Guide: $549,000 - $579,000
Property Highlights
• Securely leased until July 2027
• Three spacious bedrooms
• Well-appointed bathrooms
• Generous 636m² (approx.) allotment
• Open-plan living and dining area
• Garage and carport with secure parking and storage
• Family-friendly floorplan with broad tenant appeal
• Close to schools, shopping centres, public transport, and parklands
• Minutes from Stockland Wendouree and Wendouree Train Station
• Strong investment opportunity in a sought-after location
• Excellent long-term growth and income potential
Offering immediate rental security, generous land size, and a convenient Wendouree address, 8 Dermot Street is a smart addition to any investment portfolio.
Ballarat's Best-Selling Team
