Calling investors or those wanting a central building block in an established residential location.
This 3-bedroom, 2-bathroom residence, currently divided into two flats, presents a strong investment opportunity. While it may require some TLC, it offers a solid rental return of $510 per week, making it an attractive option for first-time investors seeking to enter the market, or seasoned investors looking to add to their portfolio.
Alternatively, you can consider removing the existing dwellings to develop a prime building block in a well-established street. Situated on a level 1,210m² allotment, there is ample space to build your dream home along with custom shedding (STCA). The added benefit of rear lane access further enhances the property's potential.
Positioned in a great, central location close to schools, sporting facilities and the main retail shopping precinct of Terang - not often does a property present with such options!
The township of Terang really does offer the best of both worlds - the opportunity to enjoy an inviting, relaxed rural lifestyle whilst only being 30 minutes from the bustling regional city of Warrnambool.
Auction: Saturday, 19th July at 11:00am onsite (unless sold prior).
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