Key attributes of this site are:
– Central, elevated development site (STCA) in the heart of Daylesford, adjacent to the medical precinct
– Total combined land area of 11,370 sqm (2.8 acres)
– General Residential Zone
– Land bank and further enhance the 3 existing dwellings for an immediate rental return
– Elevated site providing potential unobstructed northern views
– Proven residential development position
– Excellent retail amenity nearby including the historic Vincent Street retail hub, Raglan Street restaurant precinct and Main Road, Hepburn accommodation precinct
– Close proximity to a host of leading schools including St Michaels and Daylesford Primary, Daylesford Secondary College and the Dharma School
– Strong performing regional town with a median house price of $550,000* and substantial rental yield and capital growth potential
– Dwelling 1: 11 rooms comprising 321 sqm internal living area; 61 sqm garage = 382 sqm
– Dwelling 2: 6 rooms comprising 146 sqm internal living area; garage 28 sqm = 174 sqm
– Dwelling 3: 5 rooms built to lockup stage 168 sqm internal living area; 44 sqm garage = 212 sqm
*Source REIV 2018
