When opportunities present themselves like this, smack bang in the heart of prime Kennington, and offering a parcel of land measuring just under 1 acre, you need to take note! At approx 3700m2, the property is close to Bendigo's CBD, train station, reputable primary and secondary schools, La Trobe Uni and various shopping centres.
Positioned amongst a very strong residential area with a mix of medium density housing development and established principal homes. This rare property will give any developer(s), consortiums and investment groups an opportunity to establish their skills and profession with no major risks, as the location speaks for itself.
The parcel is zoned General Residential, with two allotments on the title, and there's an unmade road/carriageway that is sited on the Eastern Boundary. There are endless options here including a medium to high density residential development, medical uses (surgery, dentist, medical complex), kindergarten, creche or similar (all STCA).
The original homestead has sat for many years and is need of a major restoration or renovation from the ground up. Dilapidated, but the heartbeat of this old relic is still beating ever so slightly for someone to take it on. The lot is quite flat and there is good access to drainage and Coliban services.
Always admired with many questions asked, be the opportunist to enquire today and start planning your next development.