63 Ellis Street, Flora Hill, VIC 3550

This is your chance to explore an exceptional development or landbank opportunity in the highly sought after Flora Hill area. Set on an 1831m? allotment, this property features a 3 bedroom, 1 bath cream brick residence with carport requiring renovation whilst the block provides endless potential for future development. Plans for a 4 lot subdivision are available. You may choose to incorporate the current residence, leveraging its strong rental history (currently rented at $330 per week) for an income stream while you decide on the next steps. Alternatively, clear the site for a standout residential project, a modern family home, or a purpose-built educational or medical facility (STCA). With General Residential Zoning and a gentle slope to the rear of the block, this property is primed for redevelopment. A scattering of mature shade trees adds character to the site. Its unbeatable location places you steps from Bendigo South East College & La Trobe University & a short walk to Strath & Kennington Village shops, Kennington Reservoir, public transport & a host of other amenities. Don't miss this fantastic opportunity!