Price Guide $630,000-$660,000
Positioned in one of Bendigo's most desirable suburbs, this three-bedroom, two-bathroom home presents an outstanding opportunity for savvy investors seeking a quality addition to their portfolio. Currently tenanted on a periodic lease, the property provides immediate rental income while still offering flexibility for future plans.
Inside, the home features three bedrooms, all fitted with built-in robes, while the main bedroom enjoys the added convenience of a private ensuite. A central bathroom services the remaining bedrooms, creating a practical and highly tenant-friendly floorplan.
The home offers comfortable, low-maintenance living with all the essentials already in place, making it an attractive option for investors looking for a property that is easy to manage and appeals to a broad tenant market.
Set on a generous 757m2 (approx) allotment, the property may also offer future value-add opportunities. Subject to council approval, purchasers may wish to explore the potential for a granny flat, additional shedding, or other improvements that could further enhance the property's rental return and long-term value.
Location is a key driver of investment performance, and Spring Gully continues to be one of Bendigo's most sought-after suburbs. Renowned for its leafy surrounds and strong community appeal, the area attracts long-term tenants who value access to walking and cycling tracks, sporting facilities, quality schools, public transport, and the popular Spring Gully General Store. The property is also conveniently located close to La Trobe University Bendigo, Bendigo South East College, and just a short drive from the Bendigo CBD, further enhancing its rental appeal.
With a desirable location, flexible tenancy arrangements, and a low-maintenance design, this is an investment opportunity well worth your consideration.