10 Honeysuckle St, Eaglehawk, VIC 3556, Australia
20% Trade Component
AU$840,000 (Cash) | AU$210,000 (Trade)
Income producing development opportunity
Two houses situated on a 1740 square metre parcel of land in Eaglehawk, a Northern suburb in the city of Bendigo.
4 bedroom, 1 bath brick house situated on the Honeysuckle st.
3 bedroom, 1 bath brick home sits on the North Eastern part of the parcel, access from Government Road on the West side of the parcel.
See attached doucment for floor plans
The parcel is zoned Residential 1. See attached document for options for development. No DA in place but i have had numerous discussions with council and they have indicated those options would be acceptable.
Situated within 500m of Aldi, Ambulance station, medical centre, service station and Eaglehawk train station.
1km to Eaglehawk Shopping village which includes IGA, banks, bakery, cafes, restaurants, Australia Post and various other retailers.
Just over 1km to Sports and Leisure centre which includes Football, cricket and Netball, lawn bowls, skate park and aquatic centre with heated pool, spa and gym.
The opportunity exists to land bank the land that exists between the two houses for future development, sub divide the entire parcel into 5-6 lots or build units without the need to sub divide.
Power, water and sewerage are ready to tap into. Note there is no natural gas.
Two current houses rental appraisal of $660-$700 per week
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