31 Havelock Street, Bendigo, Vic 3550

Situated only a few hundred metres from both the new Bendigo Hospital project and the thriving CBD is this magnificent opportunity to invest in the best of both worlds! A huge 1250m2 (approx) allotment awaits the astute purchaser, with dual street access a huge asset when it comes time to develop. And the existing Victorian period home will return to its former splendour with an extensive renovation - all this coupled together will ensure the astute investor/developer will reap the huge rewards on offer from the city's two boom locations alone!!

A rare prospect indeed, the property lies at the end of beautifully tree lined Havelock Street, and continues all the way through to the very private Joseph Street, providing bonus front and rear access to make life easier. Add a flat block and Residential 1 zoning and it makes a very attractive development proposition in a prime sought after location. Invest today and watch you pennies grow!

The existing weatherboard Victorian residence fronts Havelock Street and is in need of a complete overhaul. A very attractive façade with shady bull nose verandah is the first indication that it would be well worth restoring this grand old girl to its former glory, with the reward at the end being a lucrative resale or solid investment. Don't be put off by the hard work ahead - it will be all worth it in the end! The floor plan currently consists of three good sized bedrooms, all complete with adequate built in robes. Timber ceilings adorn the hallway ceiling, and continue to the cosy central lounge with gas fireplace and air conditioner. Beyond the lounge is the retro kitchen with gas cooking facilities and very original but funky cabinetry, and the three piece bathroom has bath, loo and vanity.

Outside, the block is as ripe as the season for the picking! It currently presents sundry shedding, including a single garage and huge tradesman's shed at the rear. The outbuildings include a laundry and loo, all of which are easily removed in the name of progress!

All in all, a very rare and very exciting opportunity for the savvy purchaser. Properties like this that meet so many investment criteria do not come along everyday, and as a result, is sure to create a frenzy of interest. Don't delay here, call immediately to arrange an inspection and take full advantage today in order to reap the benefits tomorrow!