72 Vine Street, Bendigo VIC 3550

Elders Easy Sale Closes Wednesday 6 July, 2:00pm
Indicative Sale Price $500,000 - $540,000

In an uncompromisingly elite position, 72 Vine Street is a stone's throw from the Cathedral and within walking distance of the CBD, health providers, and some of Bendigo's leading schools. The 738sqm allotment would make an ideal site for a residential development, and the house is dripping in renovation potential.

A comfortable home, the three bedroom abode is in mainly original condition with some updates having been made along the way. There is ample space for you to extend out and up (STCA). Imagine the possibilities. Retain the double fronted Victorian facade, and add a double storey extension at the back of the home – with a balcony or floor to ceiling windows you will take in the views of the Cathedral spire and become the envy of visiting family or friends.

The home is positioned at the front of the allotment. At the very rear of the block is a bonus bungalow which is leased on a periodic basis. The bungalow is in need of work but is equipped with a kitchen/living space, bathroom and laundry, and one bedroom. Vacant possession is available if desired.

Located nearby St John of God Hospital and Bendigo Health, this property will also be appealing to health professionals looking to create and customise their own consulting rooms close to the hospital. A redesign of the back yard could see adequate private parking created with further space towards the back of the block to utilise as you see fit.

This desirable and flexible property will put you in good stead whether you choose to reap the steady rewards of organic capital growth, renovate and embark on an inner city lifestyle, or subdivide and sell or develop townhouses to the rear (STCA).

A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist