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DEVELOPMENT POTENTIAL
CALLING DEVELOPERS: PREVIOUSLY APPROVED TWO DWELLING DEVELOPMENT (2018*)
Set on approximately 625sqm, this original weatherboard presents an increasingly rare entry point into the Echuca market - moments from the town centre and just 500 metres from Echuca Regional Health.
Unassuming from the street and largely untouched, the home is a genuine blank canvas. Two bedrooms, a central bathroom and a straightforward floorplan provide the foundations for a considered renovation, while the generous allotment opens the door to something more substantial.
For developers and investors, the location is particularly compelling. Its immediate proximity to Echuca Regional Health creates an obvious case for future redevelopment, with potential to explore additional or alternative accommodation designed around one of the area's largest employment and healthcare precincts (STCA). Whether retained and improved, extended, or considered as a longer-term development site, the fundamentals are firmly in place. Developers are encouraged to do their own due dilligence with Campaspe Shire.
For first home buyers and renovators, there is equally plenty to work with. Refresh what's there, extend the existing footprint, introduce shedding, landscaping or an outdoor living zone - there is space to create something far beyond what currently exists.
With a well-sized allotment, an exceptionally convenient position and an accessible entry point into Echuca, this is a property where the value lies as much in what it could become as what stands there today.
Currently tenanted by a reliable, long-term tenant, the property also offers immediate holding income, with an updated rental appraisal available upon request.
Set on approximately 625sqm, this original weatherboard presents an increasingly rare entry point into the Echuca market - moments from the town centre and just 500 metres from Echuca Regional Health.
Unassuming from the street and largely untouched, the home is a genuine blank canvas. Two bedrooms, a central bathroom and a straightforward floorplan provide the foundations for a considered renovation, while the generous allotment opens the door to something more substantial.
For developers and investors, the location is particularly compelling. Its immediate proximity to Echuca Regional Health creates an obvious case for future redevelopment, with potential to explore additional or alternative accommodation designed around one of the area's largest employment and healthcare precincts (STCA). Whether retained and improved, extended, or considered as a longer-term development site, the fundamentals are firmly in place. Developers are encouraged to do their own due dilligence with Campaspe Shire.
For first home buyers and renovators, there is equally plenty to work with. Refresh what's there, extend the existing footprint, introduce shedding, landscaping or an outdoor living zone - there is space to create something far beyond what currently exists.
With a well-sized allotment, an exceptionally convenient position and an accessible entry point into Echuca, this is a property where the value lies as much in what it could become as what stands there today.
Currently tenanted by a reliable, long-term tenant, the property also offers immediate holding income, with an updated rental appraisal available upon request.
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.