SOLD

Ballarat East 38 Princes Street North

Sold $490,500
2    1    3  

Development Opportunity (STCA) Minutes To City Centre

Offering a rare and fantastic opportunity with unlimited potential, this sweet cottage is tucked behind a tall timber fence with a side driveway to a massive allotment of approx. 939sqm.

Ideally positioned in a quiet, convenient cul de sac of Ballarat East, this property offers strong capital growth prospects with a fully renovated home to live in or lease out (rental appraised between $300-$340 per week) while contemplating the land's prosperous future.

This indisputable opportunity offers enormous scope to extend the existing two bedroom home or for astute developers/investors, this land would be suitable for sub-division (subject to council approval).

Fully renovated inside with new wiring, plumbing and internal framing, this skillion roof cottage boasts a generous open plan living/dining with central heating, an A/C unit and vinyl plank flooring, stepping down to a completely overhauled kitchen with stainless steel appliances, ample storage and modern shaker style cabinetry.
The bathroom is fully tiled with a large full width shower, above-bench vanity with black hardware and toilet, while the laundry is perfectly tucked away in a semi European style creating easy access from the kitchen and to the outdoors.

With a backdrop of trees, walking trails, and the Yarrowee river, this property is easily accessed. This opportunity will interest city and local investors with a four minute drive to the Ballarat train station and the CBD.

Property Information

  • Land area approx 926sqm
  • Floor area approx 78sqm

Property Features

  • Outdoor Entertaining Area
  • Gas Heating
  • Ducted Heating
  • Built In Wardrobes
  • Air Conditioning

Get to know Ballarat East

Ballarat East is the oldest and one of the most populated areas in Ballarat, the site of the richest alluvial gold rush in the world and the Eureka rebellion.

Read more about Ballarat East

Sold
$490,500

2    1    3   House

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