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House

$490,500
2
1
3
926 sqm

38 Princes Street North, Ballarat East, VIC, 3350, Australia

Map of the surrounding area
Nearest stations
Station
Ballarat
901M (11 mins)

Property Features

  • Gas Heating
  • Outdoor Entertaining Area
  • Built-in Robes
  • Ducted Heating
  • Air Conditioning
  • Split System Aircon
  • Split System Heating

About this Property

Offering a rare and fantastic opportunity with unlimited potential, this sweet cottage is tucked behind a tall timber fence with a side driveway to a massive allotment of approx. 939sqm.

Ideally positioned in a quiet, convenient cul de sac of Ballarat East, this property offers strong capital growth prospects with a fully renovated home to live in or lease out (rental appraised between $300-$340 per week) while contemplating the land's prosperous future.

This indisputable opportunity offers enormous scope to extend the existing two bedroom home or for astute developers/investors, this land would be suitable for sub-division (subject to council approval).

Fully renovated inside with new wiring, plumbing and internal framing, this skillion roof cottage boasts a generous open plan living/dining with central heating, an A/C unit and vinyl plank flooring, stepping down to a completely overhauled kitchen with stainless steel appliances, ample storage and modern shaker style cabinetry.
The bathroom is fully tiled with a large full width shower, above-bench vanity with black hardware and toilet, while the laundry is perfectly tucked away in a semi European style creating easy access from the kitchen and to the outdoors.

With a backdrop of trees, walking trails, and the Yarrowee river, this property is easily accessed. This opportunity will interest city and local investors with a four minute drive to the Ballarat train station and the CBD.
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