Offlined
Positioned in the highly sought-after and fast-growing suburb of Epsom, this exceptional 2,748m? property presents a rare chance to secure a versatile investment with both residential and commercial appeal.
At the heart of the property is a neat and tidy three-bedroom home with a study, offering comfortable living or rental income potential. However, the standout feature is the approved planning permit for a Child Care Centre, providing an outstanding opportunity for developers or entrepreneurs looking to establish a high-demand service in a prime location.
Property Highlights:
- A generous 2,748m? allotment with future development potential.
- Well-maintained three-bedroom residence with a study, ideal for owner-occupiers or rental income.
- Approved planning permit for a childcare centre and included plans for a purpose-built facility.
- Moments from local shops and amenities.
- Close to primary schools, making it a prime location for childcare services.
- Easy access to Bendigo's train station and public transport options.
- Just a short drive to the Bendigo city centre.
Expectation of rent return: $372,400 net rent subject site commencing, rent with the average day care centre receiving $149 per day per person and the centre having 98 places available this gives a high confidence return for both the investor and the leaseholder.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.27 km | 4 | 2 | -m2 | Year 2025 Month 01 Day 12 | $760,000 | Council approved | |
 | 0.16 km | 4 | 2 | -m2 | Year 2024 Month 10 Day 13 | $670,000 | Council approved | |
 | 0.20 km | 3 | 2 | 157m2 | Year 2024 Month 09 Day 13 | $515,000 | Council approved | |
 | 0.33 km | 0 | 0 | -m2 | Year 2024 Month 09 Day 11 | $285,000 | Council approved | |
 | 0.20 km | 0 | 0 | -m2 | Year 2024 Month 09 Day 08 | - | Council approved |