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$780,000 - $820,000
Set on approximately 1.2 acres (approx. 4,850sqm) , 3 Nelson Street presents an exciting opportunity. Located within the Ballarat City Councils Residential Zone - Schedule 3 (NRZ3), the planning scheme allows for subdivision with a minimum lot size of 750sqm, creating genuine potential to explore a subdivision project (STCA)
Whether you're looking to develop, create additional residential lots for future sale, retain a substantial home site, or simply secure a property with significant future potential, the landholding and zoning make this an opportunity worth investigating.
Importantly, the existing home provides immediate usability while you consider your options. The character-filled home features vaulted timber ceilings, exposed timber beams, an abundance of natural light and beautiful slate flooring through the kitchen, dining area, hallway, bathroom and laundry. Floorboards feature through the main living room, while the three bedrooms and loft are comfortably carpeted.
Offering three bedrooms, one bathroom and three living areas, there is plenty of flexibility for families, guests or those wanting separate spaces to relax, work and entertain.
The completely renovated main living area is a standout feature with ample storage, a barn door and an abundance of natural light, creating a versatile space for family living, a games room or additional retreat.
Adding further versatility is the impressive upstairs loft, offering excellent additional space for a home office, studio, retreat, games room or storage.
Comfort is well catered for with a wood fire heater, split systems and ceiling fans, while the front porch and generous rear veranda and deck provide the perfect spaces to enjoy the surrounding gardens and outdoor setting.
For those needing serious shedding, the 15.5m x 7.1m three-bay shed is a major highlight. Complete with concrete flooring and power, it provides an abundance of room for vehicles, trailers, machinery or hobbies.
The property is fully fenced providing plenty of space for children, pets, vehicles and outdoor pursuits. Services include tank water, mains power and water, and bottled gas.
All of this is positioned just 2 minutes from the heart of Miners Rest, with local groceries, post office, childcare and a service station close by. Ballarat Central is approximately 14 minutes away, while the Western Freeway is just 3 minutes from the property.
For developers, investors, renovators or buyers looking for a substantial property with genuine future potential, 3 Nelson Street offers an opportunity to secure the land and existing home today while exploring what could be created here tomorrow.
For more information, or to book your inspection, please call today.
22 Peel Street North, Ballarat Central VIC 3350
Call Dean Mifsud on
0408886952
Call Bernadette Dickson on
0493789097
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