House Sold - VIC - North Bendigo - 3550 - Extraordinary Bendigo Hospital Precinct Residential Investment &/or Development Opportunity (STCA) (Image 2)

13 Grattan Street North Bendigo VIC 3550

Sold $1,700,000

Property Type House
Land area approx 3002sqm
Floor area approx 445sqm
Region Loddon Mallee
Locality Greater Bendigo
Carports 5
Toilets 5
Uncovered Carspaces 5

Tags: Development

Extraordinary Bendigo Hospital Precinct Residential Investment &/or Development Opportunity (STCA)

Positioned in one of Bendigo’s most sought-after residential pockets, this significant property offers an exceptional opportunity for investors and developers alike.

Set within the prestigious Bendigo Hospital precinct, this elevated parcel of land presents rare scope for further residential development (STCA) while delivering strong returns.

KEY FEATURES:

- Premium residential location in sought after Bendigo Hospital precinct
- Significant parcel of elevated land

- 5 self-contained brick residences with refurbishment potential

- Strong potential investment return (circa gross 5.45%*) with potential rental uplift

- Opportunity for further development (STCA)
- Dual street access

- All services connected

* approximates

The site currently comprises five self-contained brick residences, each offering solid refurbishment potential to enhance capital value and rental income. With a current projected gross return of approximately 5.45%, and clear potential for rental uplift, this is an ideal addition to any savvy investment portfolio.