$310K
$56,261
"Phone Enquiry ID 224970 This cute 3 bedroom 2 toilet home is currently under renovation, It has a planning permit granted by council to subdivide and is subject to registration of the plan of subdivision once the land surveyor is engaged to complete the plans. Lot 1 will become 360m2 Lot 2 will be 300m2 more or less. The existing house is built on concrete stumps. It has works to complete interior and exterior, but worth the effort. The suburb of Wendouree is in growth mode with new homes popping up all over. There are plenty of nearby amenities such as Stockland Shopping Centre, Aldi Supermarket, Schools, Servos, VIC Roads, Ambulance, Medical Services, Fire Service, Train Station, Scenic Wendouree Lake Freeway. Melbourne City is approx 1 hour 20 mins drive. Due to other commitments the owners have decided to sell the property which opens opportunity for an astute property buyer. Henceforth, the owners will consider granting the purchaser access to the property via a Licence Agreement to enable completing the reno works mainly cosmetic to assist in a bank valuation, if required, to satisfy bank lending requirements and the possibility of continued occupancy until the subdivision has registered.. Lot 2 will be marketed for sale in the price range circa 165K 180K There is also the possibility to negotiate taking on the subdivision project."
31.7%
38.1%
$325K
5.6%
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
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