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76 Delany Ave, Bright, 3741, Victoria

$349,000
3
1
1

Property Id - HS189616
Click to enlarge (9 photos)
Price
$349,000
Bedrooms
3
Bathrooms
1
Car Spaces
1
Car Space Type
Carport
Property Type
House
Dwelling Size
-
Land Size
1335 m2

Gold mine Investment in stunning Bright - PRICE REDUCED BY $35,000 ono.

This property ticks all the boxes! Set on Delany Avenue, famous for its spectacular autumn colours, it is an easy stroll into town.
A 'Two Lot Subdivision' permit was approved in September 2011 and will stand for two years. The existing home is positioned at the front of this huge block (1335m2). It has three bedrooms (one upstairs), one bathroom and second separate toilet and has combustion and split system heating/cooling. Currently rented at $295 per week (leased until March 2012) the tenants are terrific and are keen to extend the lease if possible.
The Permit to Subdivide will allow a second dwelling to be built on the rear of the block. Floor plan of existing home and subdivision plans available to serious buyers.
There are so many options - live in the front and subdivide, build at the back and sell. rent the front, live in the back - it's up to you!
Keen vendor is negotiable on the price.

Inspection Times

  1. Please contact the seller to make an inspection.

Suburb Statistics

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Median House Value: $260,492

Median Unit Value: $235,336

House Median GraphUnit Median Graph
Measurement Houses Units
Median Value $260,492 $235,336
Median Weekly Rent (Gross) $270 $215
Suburb Rental Yields 5.50 % 4.92 %
Annual Number Of Sales 138 288
Average Vendor Discounting 7.94 % 3.57 %
Average Listing Duration 380 days 287 days
Disclaimer: © Residex Pty Ltd
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Disclaimer: © Residex Pty Ltd

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1 Suburb data provided by Residex Pty Ltd
2 Suburb Home Ownership and Population data created by Residex Pty Ltd, using data provided by ABS (2006)

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