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For sale

13 Spencer Street,
Sebastopol 3356, Victoria

3 bedrooms
1 bathroom
1,123m² land size
178m² building size
House

$600,000

Property Price Statement

Property details

Ready-To-Go Development

An outstanding development opportunity awaits with plans and permits already approved for the construction of four contemporary townhouses on an expansive allotment of approximately 1,123sqm.

With the hard work already completed, this property provides developers with the opportunity to move forward with a ready-to-go project without the lengthy planning process.

The approved development comprises four well-designed townhouses, offering a combination of three and two-bedroom residences. The front townhouse is single-level and features three bedrooms, two bathrooms, a double garage and its own private driveway, while the three rear residences are positioned over two levels and provide a mix of three-bedroom, two-bathroom accommodation with double garages, along with a two-bedroom, one-bathroom townhouse with a single garage.

Designed with modern living in mind, the approved plans provide a well-considered mix of residences that are ideally suited to the strong demand for low-maintenance housing in the area.

The existing dwelling is ready for demolition, while providing the added benefit of current rental income of approximately $350 per week in the meantime.

Positioned in the established and growing suburb of Sebastopol, the site is conveniently located close to local shops, supermarkets, schools, public transport and a range of everyday amenities. Delacombe Town Centre is just a short drive away, while Ballarat CBD is also easily accessible.

With its substantial landholding, approved plans and permits, and convenient location, this is an exciting opportunity for developers, builders or investors looking to secure their next project.

Plans and permits are available upon request. Contact us today for further 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.

Inspections

Explore the area

School catchments

  • Phoenix P-12 Community College-Redan Campus Combined Government 0.36km
  • Phoenix P-12 Community College Combined Prep-12 Government 0.41km
  • Ballarat Christian College Combined Prep-12 Independent 0.81km
  • St Aloysius' School Primary Prep-6 Catholic 1.0km
  • Sebastopol Primary School Primary Prep-6 Government 1.2km

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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