Sometimes all the planets align and just when you have been looking for a nice investment project, this type of opportunity appears.

It’s rare to find a 2044 square metre allotment (on two titles), zoned residential 1 on the market. The beauty of these two properties is that not only are they side by side, but they have houses on them, let to excellent tenants.

That means they will continue to return some income, and the pressure is off the finances, while you go through the planning and permits stages which can certainly take a while.

As a developer this location lends itself to units, or medical and allied professional buildings, (STCA) as there are several in this area.
With over half an acre too, you can meet your own requirements for parking and storage, well before the first brick is laid.

In one of Bendigo’s top locations, close to a major road, supermarket and all amenities including school, kinder and doctors, this is a rare opportunity to develop an investment for the future (STCA)

Lease in information:

11 Sternberg Street lease expiry date 10/2/2015 – Now Periodic Per week $185.00
13 Sternberg Street lease expiry date 19/11/2014 Now Periodic Per week $210.00