$499,000 - $539,000
3 Evelyn Street, Wendouree VIC 3355
Apartment
422
High Yield Dual Income Investment Opportunity with Future Development Potential
Ideally located on a quiet street in ever-popular Wendouree, this property presents a truly unique opportunity to secure a low maintenance, high yield, dual income investment property with exciting future subdivision and development potential.
Each unit consists of 2 large bedrooms with BIRs, one bathroom, a spacious living area, private courtyard, single carport, and storage unit. There is a large separate garage for extra storage, while both dwellings are on the one title and are currently leased to excellent long-term renters, with an overall rental return of approximately 5%.
The expansive 788m2 (approx.) allotment is ideal for future development, with the opportunity to either subdivide or construct multiple dwellings (STCA) in a highly sought after location. With multiple schools, Stockland shopping centre, Wendouree Station, the Howitt Street retail and medical precinct plus Lake Wendouree all easily accessible nearby, this is an opportunity that will not last long. Inspections by appointment, enquire today for more information.
Ballarat's Best-Selling Team
Each unit consists of 2 large bedrooms with BIRs, one bathroom, a spacious living area, private courtyard, single carport, and storage unit. There is a large separate garage for extra storage, while both dwellings are on the one title and are currently leased to excellent long-term renters, with an overall rental return of approximately 5%.
The expansive 788m2 (approx.) allotment is ideal for future development, with the opportunity to either subdivide or construct multiple dwellings (STCA) in a highly sought after location. With multiple schools, Stockland shopping centre, Wendouree Station, the Howitt Street retail and medical precinct plus Lake Wendouree all easily accessible nearby, this is an opportunity that will not last long. Inspections by appointment, enquire today for more information.
Ballarat's Best-Selling Team
Inspections
No open inspections scheduled.
Send an enquiry
Contact Tim Allen to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
4
Bathrooms:
2
Garage Spaces:
2
Property type:
Apartment
Other Details
Lot:
485
Plan:
LP73442
Legal description:
485\LP73442
Maps and area information
Block information
Legal description: 485\LP73442
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
16 Apr 2021
Sold
Harcourts Ballarat
Listed: 19/03/2021
Block size: 788m²
Transfer type: Full transfer
Statement of information
Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Wendouree suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
44 years
Population
10,376
Listing ID: 182484287. This listing has been viewed 0 times. It was first displayed on 30/04/2024 and last updated on 10/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.