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1,2,3/1/4 Wood Street
Bright, VIC 3741
$1,800,000 - $1,850,000
Overview
1,2,3/1 4 Wood Street, Bright VIC 3741
Located in the heart of Bright, a renowned tourist destination in North East Victoria, 14 Wood Street presents a rare and valuable development opportunity. Currently serving as a long-term residential rental investment, this property offers significant potential for its new owner.
The site occupies 910 square meters of commercially zoned land within Bright's central business district, featuring dual frontage to both Wood Street and Burke Street. This prime location is ideal for mixed-use or residential development projects.
The property comprises three separate residential tenancies: a three-bedroom, one-bathroom home facing Wood Street, complemented by two two-bedroom units situated at the rear. This configuration provides a versatile foundation for future development or continued rental income.
Situated just 100 meters from the town center, the property benefits from proximity to the heritage-listed streetscape of Wood Street on one side and Burke Street, which marks the beginning of the Murray to Mountains Rail Trail, on the other. This unique positioning enhances the property's appeal and potential value.
This offering is focused on future possibilities, making it an exceptional opportunity for investors or developers looking to capitalize on Bright's vibrant market. Interested parties are encouraged to contact the agency for further discussion or to arrange a private inspection. Please note that inspections are available by appointment only.
Location
Bright VIC 3741
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