The vendor has given clear instructions: this property must be sold. This is a rare chance to secure a project that is well past the hardest stage. The subdivision is endorsed, drainage plans are council-approved, and a full set of construction drawings and engineering is complete for the rear lot. Set on approximately 1,149m² in central Kyabram, it offers three clear paths.
1. Live in or rent out the home. A spacious 5-bedroom aluminium-clad residence with character, high ceilings and a flexible floorplan. The renovated galley-style kitchen flows to a cosy dining and sitting area, and a separate formal lounge features a fireplace. Ducted gas heating and ducted evaporative cooling keep it comfortable year-round. A front portico, rear pergola, and an 8m x 5m lock-up garage with concrete floor and power complete the home. It is currently tenanted at $570 per week.
2. Hold a large central block. Allotments of this size this close to town are increasingly scarce. Collect the rent and let the land work for you.
3. Finish the subdivision and build. Campaspe Shire Council has endorsed a 2-lot subdivision under permit PLN123/2024. Lot 1 (approx. 594m²) keeps the existing home. Lot 2 (approx. 554m²) gets its own new vehicle crossing to Canterbury Avenue. Construction drawings are complete for Lot 2: a contemporary 9-bedroom, 9-ensuite residence of about 251m² designed for multi-tenancy living. It has shared kitchen, meals and living areas, a laundry, an alfresco area, a double carport, solar panels and rainwater storage. Structural engineering has been certified, and the soil, energy and stormwater reports are done. A buyer can pick up the project and move straight to the final steps.
Projects this far advanced rarely come to market, and with a vendor who must sell, this one won't wait. Enquire today for the full document pack and to arrange your inspection.
Price: $465,000 - $495,000
