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60 Peg Leg Road,
Eaglehawk 3556, Victoria

3 bedrooms
1 bathroom
2 car spaces
506m² land size
House

$290,000

Property details

Endless Potential in Prime Eaglehawk Location - Triple Frontage Block

Located right in the heart of Eaglehawk, this classic miners cottage sits on a versatile 506sqm (approx.) allotment with three street frontages - a rare setup that opens the door to a range of exciting possibilities (STCA). Whether you're an investor looking for a development site, a renovator chasing your next project, or simply someone wanting to get into a well-positioned pocket of Bendigo at an affordable price, this property is worth a closer look.

The home itself is older and fairly original - what you see is what you get. Offering a functional 3-bedroom, 1-bathroom layout, it's liveable as-is while plans are made to update, extend or subdivide (STCA). There's no denying the house needs work, but the bones are there and the scope to modernise or add value is clear.

What really sets this property apart is the land. With frontages to Peg Leg Road, Honeysuckle, and Lester Street, the access and flexibility for future development is second to none. Subject to council approval, there's potential for subdivision, a dual occupancy setup, or a brand-new build that takes full advantage of this prime corner position.

The location adds even more appeal. You're just a short walk to Eaglehawk's main street, shops, supermarket, cafés, parks, and local amenities. It's a tightly held, character-filled neighbourhood that continues to grow in popularity.

Affordable opportunities like this don't come up often in such a central and convenient location. If you're looking for a solid block with big upside, this one has all the makings of a standout project or long-term investment.

In-Room: The Drawing Room at 79 Olinda Street, Quarry Hill please contact the listing agent for more information

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

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School catchments

  • Eaglehawk Primary School Primary Prep-6 Government 1.1km
  • Eaglehawk North Primary School Primary Prep-6 Government 1.2km
  • St Liborius' School Primary Prep-6 Catholic 1.5km
  • California Gully Primary School Primary Prep-6 Government 2.0km
  • Marist College Bendigo Combined Prep-12 Catholic 2.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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