30 Pohlman Street
Heathcote, VIC 3523

Overview

9 Lot Subdivision Approved

Located in the welcoming community of Heathcote, approximately one and a half hours from Melbourne and 40 minutes from Bendigo, this property presents an exceptional opportunity combining steady income with significant development potential. The site is ideally situated within walking distance to all amenities offered by the friendly Heathcote Township.

This property benefits from planning approval for a nine-lot subdivision, providing a remarkable chance to complete the development project and capitalize on the rewards. Currently, there is a charming two-bedroom plus study cottage on the land, which is leased to reliable tenants generating a weekly income of $350. This rental income helps offset holding costs during the subdivision process.

Considerable preparatory work has been completed, including planning approval, engineering drawings, and a native vegetation removal report. These completed steps save prospective developers both time and money, making this project ready for immediate commencement.

The expansive land area of approximately 5,491 square meters (1.36 acres) offers ample space for subdivision and development, while the existing cottage provides a comfortable residence or rental income during the development phase.

This property is an excellent investment for those seeking to enter a rapidly developing region with strong growth prospects. The combination of income generation and approved subdivision makes it a unique offering in the Heathcote market.

For further information or to arrange a viewing, interested parties are encouraged to make contact through appropriate channels.

Location