3 Yaloke Street Golden Square is a very interesting property indeed! A 1,561Sqm secluded allotment with two dwellings along with a potential rental income of approximately $520pw and its very own private road, this has to be one of Bendigo's most unique properties!
Whether you are wanting to owner occupy one or both of the dwellings, an investor/landlord, a developer or planning a multi townhouse/unit complex (STCA) in the future, there are plenty of options and the potential for a huge return. Collect rent now while you put your plans in place. The two cottages are separately metered with all services available, including the NBN.
The first dwelling you see as you come down the driveway is a cute 1 bedroom cottage that has an updated kitchen with electric cooking facilities, dishwasher, good amount of bench space and room for a small dining table. The bathroom/laundry combination consists of shower, pedestal basin, toilet and a trough with space for a washing machine. A really cool timber barn style door is a feature and separates the kitchen from the cosy lounge and bedroom. The bedroom and the lounge have newish carpet and the inside has seen a recent paint. A split system provides the heating and cooling.
Front and back verandas, a stone and rammed earth outbuilding, some local stone steps, retaining walls, and a yard space complete this cottage. The cottage is currently let at $250pw.
The second dwelling is a 2 bedroom cottage with some period features such as high pine lined timber ceilings and beautiful timber flooring . It also has an updated kitchen with electric oven, gas cooktop, dishwasher, plenty of cupboards, pot drawers, bench space and a pantry. The lounge/dining room has a box air conditioner and there is ducted gas heating throughout. The two bedrooms are of a good size, one has some shelving and storage. The bathroom/laundry consists of shower over bath, vanity, trough and a separate toilet with basin completes the internal layout. Outside is a fence yard space, stone retaining walls and garden beds. This cottage is currently tenanted on a periodic lease at $270pw with the tenant happy to stay on if possible.
The location is excellent with schools, supermarket, Golden Square Oval, pool, St John of God Hospital and the Bendigo Stadium all nearby and only a 5 minute drive to Bendigo CBD. Being so close to the new Fortuna Villa Estate development, property prices in the area are only going to increase in the future, so don't procrastinate and miss out on this golden opportunity, the time is now.
Call now to arrange a private inspection.
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