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1428 Gregory Street
Lake Wendouree, VIC 3350
$1,050,000 - $1,150,000
Overview
1428 Gregory Street, Lake Wendouree VIC 3350
Situated in one of Ballarat’s most sought-after locales, just a short stroll from the shores of Lake Wendouree, this property presents a rare opportunity to secure a prime piece of real estate with vast potential. The location offers convenient access to nearby cafes, schools, transport options, and lifestyle amenities, making it an ideal address for those seeking both comfort and accessibility.
The property is set on a generous allotment of 1036 square meters, providing ample space for various development possibilities. The existing home, while currently unliveable, offers a renovator’s dream or a standout development opportunity subject to council approval (STCA). It features a front lounge, an original kitchen and meals area, three bedrooms, and a central bathroom, reflecting the potential for restoration or redevelopment.
The true value lies in the land itself, offering an exceptional chance to design and build a dream home or undertake a modern development project. Whether you are an investor, developer, or a buyer looking to create a residence in a prestigious location, this property is a unique find. Its proximity to Lake Wendouree enhances its appeal, providing a serene environment and a blue-chip location that is hard to come by.
This opportunity is not to be missed for those looking to capitalize on a prime development site in an unbeatable location. The property combines the charm of an established neighborhood with the promise of future growth and lifestyle benefits.
Location
Lake Wendouree VIC 3350
Market Insights for Lake Wendouree VIC 3350
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
