703 Skipton Street, Redan VIC 3350

Set on an expansive 1,000m² (approx.) allotment with both side and rear lane access, this property presents an outstanding opportunity in a rapidly strengthening pocket of Redan. Planning approval (PLP 2021923) has been granted for a three lot sub-division and the construction of two additional townhouses at the rear. Full plans and specifications are available, making this an ideal turnkey development opportunity

The existing residence, of solid construction, has been tastefully renovated and is immediately rentable at an estimated $390 per week. It comprises three bedrooms, a welcoming lounge, a modern kitchen fitted with quality appliances, and a bathroom featuring an oversized shower, double vanity, and European laundry. Original period details, including high ceilings, ornate cornices, and ceiling roses, have been carefully preserved.

Alternatively, buyers may wish to take advantage of the large landholding and extend the current dwelling, establish a generous yard, and add shedding (STCA), creating a superb family home enhanced by its gorgeous street presence.

Located just minutes from Ballarat's CBD, and within walking distance to supermarkets, schools, and public transport, this property offers immediate rental income as well as significant long term potential.

Subdivision documentation and approved plans are available on request.

Ballarat's Best-Selling-Team