Raine & Horne Bacchus Marsh
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Map15 Duncan Street, Ballan, VIC 3342
- 3
- 1
- 7
For Sale
$449,000
Developer or Renovation Gold
You'll find this 3 bedroom home situated on a corner block of 745 sqm in the heart of Ballan.
Sitting opposite the primary school, 700m from the train station (with express commuter services to either Melbourne or Ballarat), and just one block back from the main street. Additionally the home is just 2.8km from the Western Freeway making it the perfect investment for future potential.
The three bedroom weatherboard home is in need of some TLC & renovations, but STCA the corner block would be perfect for subdivision. Alternatively you could renovate the existing home and take advantage of Victoria's new development regulations, which would enable you to create a dual income property by building a unit up to 60sqm in the backyard. This property is located in the GRZ4 (General Residential Zone 4), and is free from heritage and neighbourhood character overlays. Because it's within 800m of the Passenger Railway Station it may also be eligible for development under The Future Homes Program.
Don't miss out on this corner block opportunity, get in touch today and we'll be more than happy to talk about your options and book a private inspection.
Priscilla Asi
Director | OIEC
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L27036850
- Property Type:House
- Carports:2
- Open Parking:5
- Land Area:745 sqm
We Know Your Area
R&H Suburb Profile: Ballan| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 50 |
| Average Price | $686,390 |
| Median Price | $650,000 |
| Median Rental Price | $450 p.w. |
| Change in Rental Rate (5yr) | 22 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 18 |
| Average Price | $459,444 |
| Median Price | $440,000 |
| Median Rental Price | $405 p.w. |
| Change in Rental Rate (5yr) | 23 % |
Median Trend - $650,000
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