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248 Napier Street, Bendigo$660,000

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248 Napier Street

Bendigo, VIC 3550, Australia

$660,000

529 m²

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About this property

This city-fringe vacant lot presents a prime investment opportunity or a fabulous new home site. The prime position is within arm's reach of the buzz of the city, with Lake Weeroona, the Bendigo Regional Tennis Centre, Whitby (formerly The Boardwalk cafe), The Lake View Hotel, the Hospital precinct, and much more even closer. Zoned General Residential, the land measures approx 552 square metres. The cleared, level rectangular lot has a frontage of 20.12 metres to Napier Street and a depth of 27.43 metres with all services available. A current Planning Permit for a two-lot subdivision and construction of two dwellings exists for the property. Let your imagination run wild with the promise of future potential; subdivide and develop into townhouses for the latte set. Build your dream city-fringe home, or forget for now and watch your investment grow. If you're the entrepreneurial type, don't miss this one.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 529 m²
Listed: 3 months ago

Repayment calculator

$3,200/month

$1,600 /fortnight

Loan $528,000 at 6.10% over 30 years

Upfront costs

Deposit$132,000

Stamp duty$34,670

Conveyancing (est.)$2,000

Total upfront$168,670

Verify with VIC revenue office →

Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Bendigo

This land in Bendigo, VIC 3550 sits within reach of public transport, local shops and nearby schools. It is listed 9% below the $727,500 median of 72 comparable landswithin 5 km.

Schools near Bendigo

Creek Street Christian Collegecombined · Prep-12 · CoEd
Girton Grammar Schoolcombined · Prep-12 · CoEd
Girton Grammar School - Junior Schoolcombined
Bendigo Primary Schoolprimary · Prep-6 · CoEd
Camp Hill Primary Schoolprimary · Prep-6 · CoEd
Lightning Reef Primary Schoolprimary · Prep-6 · CoEd

What's nearby

Bull St/Pall Mall (bus) — 1.1 km away
Honeyeater — 1.0 km away
Unnamed — 189 m away
Lake Weeroona Park — 593 m away
Hume & Iser Reserve — 669 m away

Bendigo at a glance

Full suburb profile

Population: 5,652
Median age: 43
Household income: $1,429/wk
Median rent: $290/wk
Median mortgage: $1,482/mo

Source: ABS Census.

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