130 Panton Street
Golden Square


$320,000 - $340,000

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Property Features


Built In Robes
Floorboards
Lock-up garage

Dazzling development


Precisely mid-way between the myriad of shopping and services supplied by both Bendigo and Kangaroo Flat sits a brilliant opportunity. Situated towards the front of an allotment, measuring over 1300m2, is a sturdy 3-bedroom brick home that is ready for renting or residing in. While further options for the site are finalised and permits are attained, this contributes an excellent income generator or cost saving. With excellent prospects for sub-division and construction of more residences on the site (STCA), the property is bound to attract a great deal of attention from small as well as grand scale developers. Fully fenced on 3 sides and access to all services from the current abode immediately alleviate building expenses. A second existing driveway with concrete crossover is another huge bonus. The residence lends itself well to either minor cosmetic updates such as painting solid timber kitchen and bathroom cabinets to achieve gorgeous provincial style. Otherwise, contemporary transformations can be rather remarkable of these 60's cream brick homes that are renowned for their robust construction and crowd-pleasing character traits. Decorative cornices edge 9 foot ceilings and pelmets plus picture rails line walls and top windows throughout the interior. A brick hearth and corner windows feature in the lounge. A gas stove and dishwasher have been installed in the well-kept kitchen, where floorboards reveal what are likely to lie beneath carpets in other rooms. Reverse cycle heating and cooling plus a gas space heater are presently employed for temperature control. Plenty of vehicle shelter can be found in the enormous backyard, including in a shed that has concrete floor and power. Possibly a century-old, a massive date palm that, once cleared of surrounding sundry shedding, will make a magnificent focal point for landscaping. If simply owning a gigantic backyard or developing a block of land is a 'one-day' dream, don't miss this chance to get an affordable foot in the door of bricks and mortar investment. Even grand scale investors with hefty portfolios must agree that this is a dazzling opportunity!