14.8 Acres with Development Potential in Epsom

74-94 Goynes Road, Epsom, 3551

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175 AUDEst. Mortgage: AUD 1/monthFor Sale
  • Ownership Type Other
  • Property Area 59,893 sqft
  • Bedrooms 3
  • Bathrooms 1
  • Furnished No
  • Last Updated 6th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 2
  • Garage: 2
  • Toilets: 1

Property Overview

Original cream brick veneer home with shedding on 14.8 acres in five separate titles, with potential for subdivision either now or in the future (STCA).

Fronting Goynes Rd and backing onto Epsom Bunnings, this popular and rapidly expanding residential area and the lots created from the subdivision of the land will surely prove to be sought after and quite valuable.

Two different zonings cover portions of the property - General Residential along the Goynes Rd frontage providing the opportunity to proceed immediately with the first development stages, and Farming to the rear which can be rezoned over time (STCA). Town services are already connected to the property, including NBN running along Goynes Road. The existing neighbourhood character and services would support a case to maximise the number of permitted lots.

The 1960s home comprises three bedrooms, lounge, eat-in kitchen and outdoor entertaining. There's also a workshop with power, a double carport, hay shed and other sundry shedding.

You could live comfortably in the house, or rent the property for around the high $200s per week while going through the permit and development process. A bus stop is virtually out the front of the property for easy commute in and out of the centre of Bendigo. Only a short drive to Bunnings, Epsom Village, primary schools, and the beautiful Botanic Gardens.

Location on Google Map

74-94 Goynes Road, Epsom, 3551

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