A fantastic investment opportunity awaits with this well-maintained 3-bedroom home, perfectly positioned on a substantial 738m² block in the sought-after area of Ballarat East. Ideal for the astute investor, this property offers immediate returns, currently rented at $390 per week, the home is generating a steady income while offering significant future development potential.

The spacious block size and its positioning provide an enticing opportunity for potential subdivision (Subject to Council Approval), giving savvy buyers the option to unlock even more value. Whether you're looking to develop or landbank, the size and flexibility of this allotment make it a versatile investment for long-term capital growth.

The house itself is a solid residence, featuring three generously sized bedrooms, a functional kitchen, and a comfortable living space, all appealing features for tenants. The current tenant has made it their home, ensuring consistent rental income for the new owner until March 2025, making this an effortless transition for investors.

Located in the ever-growing and family-friendly Ballarat East, this property offers convenience and lifestyle appeal. With easy access to local amenities, schools, parks, and public transport, it's no wonder the area continues to experience strong demand from both renters and homebuyers alike.

Mark your calendar for the auction on 26th October 2024 at 11:30am, and don't miss this opportunity to secure a property that delivers on both rental returns and future potential. Whether you're an experienced investor or just starting your property portfolio, 36 Frances Crescent is a smart choice with excellent growth prospects.

Contact us today for further details or to arrange a private inspection before auction day!

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DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/agent and agency.