Welcome to 115 Market Road, Werribee - a property that offers both immediate value and future potential for the savvy buyer. Perfectly positioned opposite parkland and only moments from Werribee's train station and vibrant town centre, this charming two-bedroom home on a generous 535m² (approx.) block is a rare find in today's market. Whether you are looking for a solid rental investment, a knockdown and rebuild, or a future development site (STCA), this property ticks all the right boxes.
Inside, the existing home delivers a warm and inviting feel. The large lounge provides plenty of room to relax, while polished timber floors add timeless character, while the kitchen comes equipped with modern stainless steel appliances. The layout includes two spacious bedrooms, a central bathroom and additional conveniences such plenty of parking spaces, storage sheds, a high fence for privacy and a secure backyard ideal for families or pets. Spacious and landscaped front yard completes the package, providing plenty of outdoor appeal and flexibility.
Investors will be quick to recognise the appeal of this property, with it being currently rented for $375 per week, providing strong holding income while future plans are considered. With Werribee's rental market in high demand, thanks to its growing population and central location, this property represents a low-risk, high-upside investment.
Yet the true value of 115 Market Road lies in the land itself. A 535m² (approx.) allotment in such a tightly held, well-connected part of Werribee offers enormous opportunity for redevelopment, subject to council approval. From dual occupancies to a multi-townhouse project or even a stunning modern family home, the options are endless for those with vision.
The lifestyle benefits of this location cannot be overstated. Residents will enjoy walking distance to Werribee Train Station for a swift commute into Melbourne's CBD, while the nearby Werribee Town Centre offers a variety of shops, cafés, restaurants, supermarkets and essential services. Families are well catered for with schools close by and nature lovers will appreciate the direct parkland frontage and easy access to recreational spaces.
Werribee continues to be one of Melbourne's fastest-growing suburbs, driven by strong infrastructure investment, rapid population growth and increasing demand for affordable housing within commuting distance of the city. Securing a property like 115 Market Road not only provides immediate returns but also positions you at the heart of a suburb set for long-term capital growth.
For more information or to arrange a private inspection, contact Rahul on 0481 364 666 or Sunny on 0433 002 485.
Note: Photo ID is required upon inspection. While every precaution has been taken to ensure the accuracy of the above information, it does not constitute any representation by the vendor or the agent. Prospective purchasers are advised to carry out their own investigations.