Offering excellent potential, this inner-city allotment in Ironbark delivers the opportunity to create your ideal home or investment property in a prime Bendigo location. The spacious 1,103 sqm block offers endless possibilities for renovation or redevelopment (STCA). A parcel of land this size within the city fringe is rare and delivers unbeatable value in the current market. Savvy investors could be set up for potentially significant returns in the future. The existing 2-bedroom with study dwelling is comfortable and livable for owner-occupiers or a great proposition for long-term leasing. - Whether you're a first-home buyer, investor, or developer, this property offers flexibility and potential. - The existing 2-bedroom weatherboard cottage is awaiting transformation, providing a solid foundation for those with a flair for renovation. - The pretty weatherboard cottage features charming details, such as wood panelling on the walls and feature doors, creating a cozy and inviting atmosphere. - In addition to the 2 bedrooms, the property includes a study, central bathroom, storage room, separate WC, and laundry, offering ample space for comfortable living. - A verandah provides the perfect spot to relax and unwind, while a driveway with side access ensures convenient parking. - The lounge has a gas heater for comfort during the cooler months, while a compact bathroom and kitchen retain their original character. - A shed provides options for additional storage, equipment or tools. - Enjoy the convenience of city-fringe living, with easy access to all CBD amenities, local shopping precincts, schools, medical centres, and sports and recreation facilities. - Situated just 2.3km from the iconic Alexandra Fountain, this property offers the perfect blend of urban convenience and suburban tranquillity.