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Prime Redan Property With Approved Subdivision Permit & Stable Rental Income
Ballarat
· 3 Bedrooms · 1 Bath · House
· Garden · Equipped kitchen
Ballarat · 3 Bedrooms · 1 Bath · House · Garden · Equipped kitchen
Located in a sought-after Redan pocket, this property offers more than just a charming three-bedroom home it comes with a confirmed permit to subdivide the block into two separate 2-bedroom homes, unlocking fantastic development potential and future value. The front house is currently tenanted by a reliable, long-term renter, providing immediate and steady rental income. This makes the property a smart investment with a strong return from day one, while you plan and prepare for the subdivision. The existing home is solid and spacious, featuring three generous bedrooms, a functional kitchen with a 600mm gas cooktop and electric oven, and a separate lounge with split system heating and cooling for year-round comfort. At the back, a full laundry with a second toilet adds convenience, and the enclosed rear yard complete with established lawns, storage sheds, and dog or chook pens. Offers great outdoor space and hobby options. With the subdivision permit in hand, this property is ideal for
Located in a sought-after Redan pocket, this property offers more than just a charming three-bedroom home it comes with a confirmed permit to subdivide the block into two separate 2-bedroom homes, unlocking fantastic development potential and future value. The front house is currently tenanted by a reliable, long-term renter, providing immediate and steady rental income. This makes the property a smart investment with a strong return from day one, while you plan and prepare for the subdivision. The existing home is solid and spacious, featuring three generous bedrooms, a functional kitchen with a 600mm gas cooktop and electric oven, and a separate lounge with split system heating and cooling for year-round comfort. At the back, a full laundry with a second toilet adds convenience, and the enclosed rear yard complete with established lawns, storage sheds, and dog or chook pens. Offers great outdoor space and hobby options. With the subdivision permit in hand, this property is ideal for
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