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400a Skipton Street, Redan, VIC 3350, 0 Bedrooms, 0 Bathrooms, Section

$329,000 - $349,000

Guidance Price $329,000-$349,000View agent price guide

400a Skipton Street, Redan, VIC 3350

231m2
SectionListed on Thu Jul 25

Redan It's the Return that's Amazing

Imagine an investment where all you did was receipt the income, mow the lawn occasionally and just relax.

This property is not about the allotment, it's about the huge return on investment from the secure lease on the billboard - over $18,000.

So there's no maintenance except mow the lawn.

Discover this exceptional investment opportunity!

As the actual allotment, its residential zoning (Residential 1), it boasts excellent street frontage and could be built on in the future (STCA)

So if you want to secure a great investment opportunity with a secure income and very little to no overheads or maintenance, then this is worth genuine consideration.

***Every precaution has been taken to establish the accuracy of the above information. However, prospective purchasers are advised to carry out their own due diligence***

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Ballarat Primary School (Dana Street)
1.01 km
Primary
Prep-6
Government
icsea: 1063
Phoenix P-12 Community College
2.08 km
Combined
Prep-12
Government
icsea: 944

Property history

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Redan surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
402 Raglan Street South, Ballarat Central
0.23 km
2
1
-m2
Year 2024 Month 12 Day 16
$352,500
Council approved
306 Skipton Street, Ballarat Central
0.22 km
3
2
-m2
Year 2024 Month 11 Day 10
$590,000
Council approved
419 Lyons Street, Ballarat Central
0.21 km
3
1
-m2
Year 2024 Month 10 Day 31
$890,000
Council approved
2/503 Errard Street South, Redan
0.09 km
2
1
-m2
Year 2024 Month 08 Day 22
$395,000
Council approved
418 Raglan Street, Ballarat Central
0.13 km
3
1
-m2
Year 2024 Month 08 Day 12
$485,500
Council approved

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Ref:1P4244Last update:2024-10-06 10:51:51