135 Don Street, Bendigo VIC 3550

City fringe properties in prime locations are always in high demand. When you consider the potential for renovation, residency, investment, or conversion to business premises, the demand increases significantly. This residence at 135 Don Street has the position, the potential and an abundance of period features for all the above options.

Once a grand Victorian home on a single title, it was divided into three separate apartments and used as a rental investment for many years. With minimal alteration to the original home each apartment has a private front and rear entrance, two bedrooms, a living room, a kitchen, a combined bathroom/laundry, a WC. and a backyard with car accommodation. The most recent rental income was approximately $900 per week/$47,000 per year.

Today, the weatherboard construction offers the opportunity to renovate back to a grand family home or a business premises/consulting rooms for medical/allied health, accounting, etc. (STCA). Alternatively, invest and continue to let the apartments.

The corner lot of approximately 1053sq mts sits opposite Girton Grammar School and a doctors surgery and is only a short walk to the CBD, shops, the Arts Precinct, restaurants and theatres.

This property and its prime position will never lose appeal or value. Don't miss out, make your move today.