In-Room Auction, at The Drawing Room -79 Olinda Street, Quarry Hill
Set on an expansive 2,538m² (approx.) allotment with valuable dual street frontage, this rare West Bendigo holding presents a standout opportunity for renovators, developers, builders, or buyers wanting space, flexibility and future potential-all less than 7 minutes from the Bendigo CBD.
Positioned on a prominent corner and surrounded by established gums, the property includes an original-condition two-bedroom home offering a footprint ready for renewal. Whether you choose to restore and modernise the current dwelling, extend, rebuild, or pursue broader development possibilities (STCA), the scope here is significant.
The existing home features a functional layout with a large open-plan living and dining area, retro kitchen, two bedrooms (master with BIRs), central bathroom and laundry. While the dwelling is in need of substantial work, it provides a solid base for those with vision.
Outside, the generous land size, shape and dual access points enhance the property's appeal-ideal for:
Renovators wanting to transform the home and create a lifestyle property
Developers/builders exploring subdivision or multi-dwelling redevelopment (STCA)
Investors seeking a strategic landbank close to the city
Owner-occupiers wanting a large parcel for shedding, vehicles, hobbies or future plans
The lifestyle and convenience on offer further elevate the opportunity-walking distance to Red Energy Arena, Specimen Hill Primary School, Community Kids ELC, nearby reserves and walking tracks, and quick access to local shops and transport.
Key Features
Large 2,538m² (approx.) allotment with dual street frontage
Original-condition home requiring renovation
2 bedrooms, central bathroom, open-plan living/dining, functional kitchen
Excellent development or subdivision potential (STCA)
Corner position with multiple access options
Walking distance to Red Energy Arena and nearby schools
Under 7 minutes to Bendigo CBD and close to local amenities
Ideal for renovators, developers, investors or landbank buyers
Opportunities with this level of flexibility and location advantage are exceedingly rare. Whether you're seeking a renovation project, a redevelopment site, or a long-term landbank investment, 120-122 Inglis Street, West Bendigo is an exceptional prospect.
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