3, Evelyn Street, WENDOUREE, VIC 3355

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

Property Features

2 Bathrooms

4 Bedrooms

2 Car Garage

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