89 Kennedy Street
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About this property
The Ultimate Blank Canvas for Visionary Developers Unlock the potential of this expansive 4,808m² block, perfectly positioned for high-yield development. Whether you are looking to subdivide, create a multi-unit complex, or execute a specialty project, this site offers the rare combination of immediate scale and strategic cash flow. Key Highlights: • Substantial Land Holding: A rare 4,808m² allotment with versatile dimensions. • Immediate Holding Income: Currently tenanted with a functional 2-bedroom home, allowing you to offset carrying costs while finalizing your vision and permits. • Development Ready: Previous site plans have been drafted. As the local shire planning scheme remains unchanged, the pathway to re-approval is exceptionally clear. • Flexible Footprint: Retain the existing dwelling for long-term land banking or clear the site to utilize every square meter of this massive block. Why This Site? In a market where "shovel-ready" land is dwindling, this property stands out. The heavy lifting regarding preliminary planning research has already been done, significantly reducing your due diligence timeline. Investor Note: This is a "set and forget" asset for land bankers or a high-velocity project for active developers. The shire's consistent planning scheme offers a level of certainty rarely found in today's shifting regulatory landscape. Get your home loan sorted, lending made simple! Meet Matthew from Loan Market Euroa, your local mortgage broker for Euroa, Seymour, and surrounding towns. Whether it's your first home, an investment property, or refinancing, I make borrowing simple, fast, and tailored to you - so you can focus on finding your perfect property. • Call me today on 0448 517 831 - let's find the perfect loan for you! • Visit our website for more information: https://broker.loanmarket.com.au/euroa
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 4808 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Euroa
This 5-bedroom house in Euroa, VIC 3666 sits within reach of and nearby schools. It is listed 9% below the $577,500 median of 46 comparable houseswithin 5 km.
Schools near Euroa
- Euroa Primary Schoolprimary · Prep-6 · CoEd
- Euroa Secondary Collegesecondary · 7-12 · CoEd
What's nearby
- Euroa Arboretum — 3.2 km away
Euroa at a glance
Full suburb profile- Population
- 3,508
- Median age
- 54
- Household income
- $1,079/wk
- Median rent
- $250/wk
- Median mortgage
- $1,129/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Euroa price trend
Median sold · House 3 bed
Compound growth +5.1% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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