Two Lots. One Title. A Rare Opportunity.
Positioned within easy reach of Yarrawonga's vibrant main street, this distinctive two-bedroom, one-bathroom timber residence presents an opportunity that extends well beyond the existing home.Set on a corner allotment of approximately 730 Sq Mtrs and comprising two lots held on one title, the property offers a unique combination of established accommodation, generous landholding and genuine future development appeal.
The existing residence provides comfortable two-bedroom accommodation with the added benefit of a corner position, while the real point of difference lies in the land component and the flexibility it presents. The two-lot configuration creates an intriguing proposition for those looking to explore subdivision, dual occupancy or redevelopment potential (STCA), subject of course to the relevant planning approvals and requirements.
For the astute investor, the property could provide the opportunity to secure a well-positioned residential holding with potential to add value over time. Alternatively, developers may recognise the appeal of the substantial corner allotment and its potential to accommodate a future residential project, subject to council approval.
Yarrawonga's established town centre location further strengthens the proposition, with shops, cafes, services and everyday amenities all within convenient reach. The township's planning strategy also identifies encouragement of infill development closer to the town centre and key recreation locations, adding further relevance to well-positioned development opportunities such as this.
Whether retained as an investment, renovated and enjoyed as a centrally located residence, or investigated for its longer-term development possibilities, this is a property where the land may ultimately prove to be the greatest asset.
A rare two-lot holding, a substantial corner position and a location close to the heart of Yarrawonga combine to create an opportunity worthy of serious consideration.
Features
General Features
- Property Type: House
- Bedrooms: 2
- Bathrooms: 1
- Land Size: 730 sqm
- Living Areas: 1
Indoor Features
- Toilets: 1
- Airconditioning
- Built In Wardrobe
Outdoor Features
- Carports: 4
- Shed
Other Features
- Close to Schools
- Close to Shops
- Close to Transport
- Heating
- Openable Windows
- Toilet Facilities
Can I afford 4 Duffield Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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