Set on an impressive 1,015sqm (approx.) allotment, this exceptional property presents a rare opportunity to secure a home with enormous future potential in one of Wallan's most convenient locations. Whether you're a developer looking to capitalise on an approved project, an investor seeking a property with strong long-term appeal, or a first-home buyer wanting plenty of room to grow, this versatile offering caters to a wide range of buyers.
Boasting an endorsed town planning permit for three home units, much of the groundwork has already been completed, allowing you to move forward with confidence. Alternatively, the existing residence offers a comfortable home that is ready to enjoy today, while providing the flexibility to renovate, extend or simply hold as a rewarding investment for the future.
Inside, the home features two generously sized bedrooms, a functional kitchen that overlooks the open-plan living and dining area, and a practical floorplan that maximises space and natural light. Neatly presented throughout, the home offers comfortable everyday living with split-system heating and cooling, evaporative cooling and a cosy wood heater, ensuring year-round comfort. A central bathroom, separate toilet and separate laundry further enhance the home's functionality.
Stepping outside, you'll discover even more to love. Established gardens create a private and welcoming setting, while the covered decked entertaining area provides the perfect place to relax or entertain family and friends. Completing the package is a double garage, extensive shedding/ workshop, offering an abundance of storage, workspace, or room for hobbies, trades or additional vehicles.
Conveniently positioned just moments from Wellington Square Shopping Centre and Wallan Junction, you'll enjoy easy access to supermarkets, cafés, restaurants, medical facilities and all your everyday essentials. Families will appreciate being close to Wallan Primary School, Wallan Secondary College, local childcare centers and nearby parks and recreational facilities. Commuters are equally well catered for with Wallan Train Station, local bus services, and quick access to the Hume Freeway, making travel to Melbourne and surrounding suburbs both simple and convenient. Offering an unbeatable combination of development potential, investment appeal and lifestyle convenience, this is an opportunity that truly stands out.
Sales terms - 10% deposit / balance 30/60 days
Land size - 1015 sqm (approx.)
Council rates - $612.95 per quarter (approx.)
Estimated rental return - $430 - $450 per week
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