16 Chatsworth Road, Derrinallum VIC 3325

If you are looking for a tree change, retirement, or a weekend getaway, look no further. Situated in the heart of Derrinallum this home sits on a spacious 3041sqm (approx) corner block with double street frontage. Three separate allotments present a fantastic potential to develop or subdivide STCA. The flat usable fully fenced land creates a safe space for children and animals to play.
The 3 - 4 bedroom weatherboard home boasts polished timber floors, with new carpet in the main living area, 4 air conditioners, wood heating and a 3 piece bathroom, plus updated electrical meter and safety switch. Outside boasts a spacious 3 bay shed with concrete floor, store room and mechanics pit. 2 additional garden sheds provide ample room for extra storage. There is a large covered outdoor entertaining area which conveniently flows from the open plan kitchen/dine/lounge.
With Derrinallum situated on the Hamilton Highway, central to Geelong, Ballarat, Warrnambool, and close to Camperdown, and fishing and yachting at Deep Lake on the edge of town, the spacious shed could be used for storage for boaters and yachtsmen alike, generating additional income for the prudent purchaser, or utilized as a workshop/tradesman operation. The township also boasts a P-12 College and ample sporting facilities.
The home is currently tenanted for $200 per week. With the lease expiring in April 2019, this is a fantastic opportunity to generate income from the land during the settlement period. This home is centrally located to the extensive Renewable Energy projects that are currently underway in the region, providing ample opportunity for the investor to renew the lease and take advantage of the new employment opportunities in the area.