9 Hill Street, Bendigo VIC 3550

When searching for a profitable investment or property that will provide sustained annual growth, location location location is always the key. Situated in prime position within a short walk to the Bendigo CBD, View Street Arts Precinct, Catherine McCauley College and all major amenities is this classic Victorian home offering a fantastic opportunity to renovate and/or develop for an astute investor or home occupier.

Set on a sizeable allotment measuring approx 1113m2, the property fronts Hill Street and extends through to Little Hill Street at the rear, providing two street access and the possibility of a straight forward subdivision (of course STCA). From there, you have an awesome position to make a choice to on sell the block for profit, or develop one or two townhouses for resale or to add to your investment portfolio?

The existing Victorian home has been recently vacated by tenants, but as with a lot of older homes at present, will require some money spent before you are able to re-lease the property to comply with current minimum standards. For the owner occupier, the home has enormous potential to renovate, extend and transform into a stunning city fringe period style residence – the type of home that is highly sought after in any market!

Currently configured as three bedrooms, central living space, with study, bathroom, kitchen and laundry at the rear. The front four rooms are typical of the Victorian era, with a central passage way and polished timber floors. Other features still intact include timber windows, high ceilings, fire places and gorgeous bull nosed veranda at the front. There is not much in the yard to get in the way of progress, leaving a complete blank canvass for the new owner to plan for the future!

This property is oozing potential waiting for the right buyer to pounce. Opportunities like these are rare in locations as good as this, so put in the hard work now and reap the rewards down the track!