Opportunity knocks in the form of this fabulous investment or development opportunity located approx. 3kms from the heart of the Bendigo CBD. In such a fast-paced market coupled with lengthy turnarounds for permits and tradespeople, this property is ready to go and presents an extremely attractive proposition to anyone looking for a solid investment with future potential to value add. All the hard work has been done for you already, so there is no hassle in dealing with third parties here. The original allotment has been subdivided into two allotments, with a driveway at the side to service both as common property. All services are available to both allotments. To the front is the original two bedroom weatherboard dwelling that has been left on a low maintenance and manageable 289m2 (approx). Having undergone some recent renovations, the home has been repainted inside, has an updated kitchen and bathroom, new carpets and blinds, and split system heating and cooling. Bedrooms include built in robes, whilst a laundry, study (or small third bedroom) and sunroom lie at the rear. Currently appraised with a rental return at $310 per week, this set and forget rental will provide good income whilst you focus on the second allotment. At the rear is the flat 223m2 (approx) vacant block that has all services in place ready to build on. Plans for a three bedroom, two bathroom, two car townhouse have already been approved, and a current Planning Permit is in place. All you need to do is find your builder and reap the rewards! A fabulous addition to your investment portfolio, this property is set up and ready to go for those with a keen eye in a fast-moving and escalating market. Call now for more information or to arrange an inspection