40 Hyland Street, Warrnambool VIC 3280

Located close to Warrnambool South West Health Care, showgrounds and CBD, this charming period weatherboard home on a large block has plenty of potential. The rectangular 987m2 lot (15.24m frontage x 64.77m deep) has rear lane access, no easements or Heritage Overlay/ restrictions and thus offers the astute purchaser a multitude of possibilities.

Various options include: renovate and extend the house and create something special; subdivide the house off on a separate title and build your dream home at the back; keep the house and build townhouses out back; redevelop the whole site as a multi-unit development; use for home business or medical practice/ consulting rooms etc.

The period weatherboard is a comfortable home with good size rooms for residential or or business use, and features front portico, high ceilings, wide hallway and floorboards (under the carpets). There are 2 large bedrooms with BIRs, front lounge with gas heating, a separate formal dining/ sitting room, kitchen/meals area, bathroom, laundry and separate toilet. Out the back there is a small additional outbuilding with old washroom and another toilet, and a driveway down the side of the house leads to a 3 bay steel shed - approx 30' x 30' - which can also be accessed from the rear lane.

We are experiencing very strong demand for Central property, especially in the Hospital precinct with recent expansion/ developments at SWHC with much more to come. Central to primary & secondary schools, CBD & Industrial park, with parkland and beaches just moments away, this is a great opportunity to secure a property in the middle of town with heaps of upside and a big block to do with as you wish, now or later on. Don't miss this one - call us today to arrange your inspection!