Indicative Sale Price: $500,000 – $550,000.
Elders Easy Sale Closes Wednesday 4 August, 11:00am at 46 Queen Street, Bendigo.

The competitive property market has created an increased awareness of the impact of economic conditions on real estate. When the demand for property is greater than the supply, we must be quick to recognise value, and fast to act to secure it. Many buyers are naming three main criteria in their search for value: location, lifestyle and the prospect of future capital growth. Smart!

In considering location there’s an increasing awareness that well established neighbourhoods in popular suburbs represent great value. Kennington has long been regarded as a most appealing location. The suburb has beautiful streetscapes, quality and time-tested constructions; and a pleasing variety of housing styles and thoughtful designs. Kennington is also prized for its picturesque natural surrounds and access to popular amenities.

It’s these natural surrounds and popular amenities that elevate the lifestyle benefits of this property. Bolton Drive is positioned off Marnie Road and is just a stroll from Kennington Reservoir, Kennington Village, Strath Village and Strath Hill. The nearby Harley Street Caf and Edwards Providore are two very popular destinations for those who have just enjoyed a shop, a visit to a nearby gym or pool, time at a playground with the kids or grandkids, or a walk around the Res with friends.

This top location and these highly sought-after lifestyle benefits are strong indicators of the prospect of future capital growth. As are the traits of the property itself. There’s an increasing appetite in the market for four-bedroom, two-bathroom homes. This residence offers four robed bedrooms, bathroom and ensuite. The property has great access to public transport, schools and La Trobe University.

Number 9 is currently home to excellent renters on a periodic lease and is managed by our team, Elders Property Management. The renters love the property and would be delighted if an investor were to secure the property and want to offer them a new lease agreement. However, the renters are also understanding that if you wish to occupy the property yourself, then the lease will come to an end to enable vacant possession.

If location, lifestyle and the prospect of future capital growth are also your main criteria, you’ll surely agree that 9 Bolton Drive offers great value. Securing it is a capital idea!

A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist