SoldJun 22, 2022

71 Powells Avenue, East Bendigo, VIC, 3550

$860,000

5
3
3
1415 m²

House

30+ days on the market

Sold: Jun 22, 2022

What's around 71 Powells Avenue

1415sqm of Industrial 3 Zoned Land - A Rare Opportunity for Development

Here is an ultra-rare opportunity to purchase two neighbouring properties and secure yourself a substantial 1415sqm (approximately) of Industrial 3 zoned land which is perfectly located on the fringe of East Bendigo's industrial precinct. With each allotment of around 700sqm comes a tired home in need of some major renovations, but the land and its potential is the real value here. With zoning such as this there are endless opportunities for mixed usage and small business - think small-scale manufacturing, hospitality and office space, and once the primary industry has been established, there is also scope for complementary infrastructure including warehousing or office space (all STCA). With residential development permissible with some restrictions, this hard-to-find proposition boasts a location close to transport and amenities and under 5km from the centre of Bendigo.

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