457 Hargreaves Street

Bendigo VIC 3550

For Sale Now or by Auction Sat 9th Sep 2017 11am

3   1   0

Land Area:

809m2

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Statement of Information

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Rare inner city investment opportunity

Rarely do prime development sites of this size present themselves in the market this close to the heart of Bendigo’s thriving arts and café culture. With views across to the Sacred Heart Cathedral and in walking distance to Bendigo’s Central Business District and Bendigo Station; the site would ideally suit investors or developers seeking to capitalise on the growing demand for inner city townhouses and apartments. (STCA)

The current three bedroom, two bathroom unoccupied weatherboard dwelling; with heritage overlay and commercial 1 zoning; requires extensive renovation and as a result is currently recognised by the City of Greater Bendigo as having land value only. Sensitive heritage reclamation of period fixtures and fittings including original windows and doors would be possible.

Having previously been divided into two and tenanted; the original California Bungalow is not in original condition with a number of heritage features removed over time when the floorplan was reconfigured.

The property also includes an external laundry, outhouse, bungalow and rear shed. An easement is located along the southern boundary and would require further investigation prior to the lodgment of potential planning applications.

The property will only be accessible by private inspection prior to auction due to the condition of the dwelling and out buildings.

An auction is to be held on site on Saturday September 9th at 11.00am. Prior offers will be considered.

This is a rare inner city investment opportunity not to be missed.

Drew Stratton

Stock & Station Agent

Mobile

0414 576 371

Email

drew@mckeanmcgregor.com.au

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