3 Phillip Street, Bonnie Doon VIC 3720

Situated in the heart of Bonnie Doon, this classic weatherboard home offers a unique opportunity for both savvy first-time buyers and investors looking to renovate or recreate. Set on a flat 941m² corner block, the property has the potential for subdivision (subject to council approval), making it an exciting prospect for future development.

Just a short stroll to Lake Eildon, the Rail Trail, Bounty Bakehouse, and the bus stop, this location provides the perfect balance of lakeside living and convenience. Whether you're looking to enjoy peaceful weekend walks along the Rail Trail or indulge in a delicious brunch at the local café, everything you need is within easy reach.

Outside, you'll find a shed ideal for storing all the lake toys you'll need for those endless summer days on the water. With a little TLC, this home could easily be transformed into a charming first home or a profitable investment project.

Located just a 16-minute drive from Mansfield. This is a rare opportunity to secure a property with endless potential in one of Bonnie Doon's most sought-after locations. Don't miss out-contact us today to arrange a private viewing and unlock the full potential of this home!