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Overview
Situated on an expansive 3,096 square meter block in the heart of Heywood, this property is a notable opportunity for those seeking significant landholding with flexible potential. Its prime location directly adjacent to the local bowling club and backing onto Heywood Hospital adds considerable convenience and appeal.
This site is ideal for buyers with a vision, offering essential utilities such as power and water connections already established, paving the way for a major renovation or redevelopment project. The existing dwelling, while in poor condition and necessitating extensive repair or demolition, benefits from a recently replaced roof, providing a valuable starting point for refurbishment efforts.
With ample space and a highly accessible central setting, the property invites renovators, developers, investors, or anyone looking to create a tailored residence or project in a thriving township environment. Its proximity to community facilities enhances lifestyle possibilities, while the generous land size presents multiple options for design and use.
This listing therefore caters to those prepared to undertake a creative and hands-on approach, promising rewards through its large footprint, strategic location, and connected services.
Local Market Insights
In Heywood, Quiet Listings observed 12 new houses entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $554,167. The property type mix of listed properties is predominantly Houses at 63%, followed by land (26%), and commercial properties (5%). Hudson Property Agents Portland was the most active agency in this area, representing 50.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Heywood VIC 3304
Market Insights for Heywood VIC 3304
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