50 Hospital Street, Wedderburn VIC 3518

Securely leased to a long term tenant & returning $220.00 per week this is without a doubt an opportunity for the astute investor. It soon becomes clear that there's more to this property than first meets the eye. With the allotment of 1890m2 and dual street frontage (Waitchie street & Hospital street) and with the home sitting right to the Hospital street frontage of the block there is clearly an opportunity to develop/subdivide this property (STCA) The well maintained brick veneer house sits in a slightly elevated position with a NE aspect enjoying the benefits of the North Winter sun. The home comprises 4 bedrooms, a central smart & bright bathroom, spacious kitchen & adjoining dining/family area with glass sliding doors to the outdoor living area.
Separate L shaped lounge/dining room with solid fuel heating & air conditioning. The whole house features floor to ceiling windows making for a light, airy & very welcoming home. Outside we find a protective veranda running along the rear of the home & an adjoining carport. A super stand alone Studio is the added bonus here. Ideal for an artist/writers retreat or just extra space/storage or guest accommodation. A garden shed, solar panels feeding into the grid & water tanks complete this most appealing property.
All of this is on a magnificent almost 1/2 acre allotment (1897m2) that almost certainly has subdivision potential (STCA) & right in the heart of Wedderburn, a vibrant country town that offers excellent facilities including a Prep to 12 College, shopping precinct with supermarket, hardware, specialty shops, community centre, good hotel, garage & much more. This property has been very keenly priced to sell ASAP & an inspection is highly recommended. The property can also be SOLD with Vacant Possession on a longer settlement.