350-370 Olympic Parade, Maiden Gully VIC 3551

Position and potential abound in this rural property conveniently situated a mere five-minute drive to either Maiden Gully or Kangaroo Flat.

The undulating block of approx. 8.07 Ha (20 acres) is dotted with stands of established eucalypts and three dams. It offers options to earn income while land banking for future development or maybe build your dream home and enjoy the solitude of the surrounding bushland.

The elevated dwellings include a cream brick veneer comprising four bedrooms (all with built-ins), a large lounge overlooking the front terrace, a central kitchen/dining, bathroom, a laundry and a rear sunroom. The second home offers two bedrooms, one bathroom, a lounge/dining/kitchen, and laundry. Both homes are needing some extra TLC, offering the ability to add value to the property whilst reaping the future potential of the land.

Externally there's a carport, rainwater tanks and assorted outbuildings. The 5kW solar power system on the main residence; helps keep the running costs to a minimum.

The property offers ample scope to improve the existing residences for multi-family accommodation or lease for increased rental income while you plan future rezoning/redevelopment of the land (STCA).

The location is handy to all amenities at the gateway of the City of Bendigo in one of the region's fastest-growing areas. Register your interest today.