57 Arnold Street, Bendigo VIC 3550

It's all about the address at this new listing in old Bendigo. In the area once known as Irishtown after its original gold-seeking settlers, the position now beckons the inner-city set.

Number 57 is almost mid-way between Lake Weeroona and Rosalind Park, via the Bendigo Creek Trail. Walk 15-minutes in either direction to find some of the city's best parks, gardens and play spaces. The Bendigo Hospital is a mere 550m away, and the CBD less than 1km, meaning the investment potential and rental demand here will always be high.

The home presents a cute period façade to the street, with its classic proportions and welcoming porch. Inside, bright white painted walls and pale polished floorboards create a stylish blank canvas.

There are two bedrooms plus a study, or a narrow third bedroom to fit a single bed. The cosy lounge has a gas heater set within an original brick mantlepiece. The galley kitchen is compact yet functional, with a gas upright stove, and access to the laundry and loo. The bathroom has a shower over the bath.

The 350m2 allotment has Colorbond fences and a good-sized backyard shed. It's all super low maintenance, leaving enough room to perhaps extend the home, subject to council approval.

Buy now and easily lease while you plan to capitalise on this stellar location in historic Bendigo.