Outstanding Development or Health Centre Site!
Property ID 1949777This large 2,790m2 residential zoned site offers a range of exciting development options. The property currently comprises a medical centre with up to 5 consulting rooms plus examination room, reception and waiting area plus amenities. This property has potential to further expand the existing centre or retain for short term income whilst planning for total redevelopment of the entire site. The remaining 2 properties include a 2 bedroom home leased at $220pw and a 3 bedroom home leased at $240pw ideal to further supplement income in the short term. The land has frontage of 32.31m to Howitt Street with a second frontage of 21.34m to Symons Street. This allows convenient site dual access for a range of development options (STCA). Located within close proximity to Ballarat Grammar, Howitt Street Shopping strip, Wendouree Performing Arts Centre, Lake Wendouree and a range of commercial and allied health operators this is a truly unique land offering.
Due diligence checklist - for home and residential property buyers