Wendouree 1 And 2/3 Evelyn Street
High Yield Dual Income Investment Opportunity with Future Development Potential
Ideally located on a quiet street in ever-popular Wendouree, this property presents a truly unique opportunity to secure a low maintenance, high yield, dual income investment property with exciting future subdivision and development potential.
Each unit consists of 2 large bedrooms with BIRs, one bathroom, a spacious living area, private courtyard, single carport, and storage unit. There is a large separate garage for extra storage, while both dwellings are on the one title and are currently leased to excellent long-term renters, with an overall rental return of approximately 5%.
The expansive 788m2 (approx.) allotment is ideal for future development, with the opportunity to either subdivide or construct multiple dwellings (STCA) in a highly sought after location. With multiple schools, Stockland shopping centre, Wendouree Station, the Howitt Street retail and medical precinct plus Lake Wendouree all easily accessible nearby, this is an opportunity that will not last long. Inspections by appointment, enquire today for more information.
Ballarat's Best-Selling Team
Get to know Wendouree
Wendouree is a large suburb on the north western rural-urban fringe of the city of Ballarat. It is the most populated suburb in Ballarat with a total population of 10,752 at the 2006 census.
