FOR SALE
$539,000 - $569,000

87 Gisborne Road
Bacchus Marsh VIC 3340

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 133m2
Land area: 745m2
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EXCITING OPPORTUNITY IN CENTRAL LOCATION.

This promising property is brimming with re- development or renovation potential set on a generous 735sqm parcel of land and it’s future is only limited by your imagination. It’s current configuration is ideal attracting a passive income. Comprising of
2 x units,
one as a 2 bedroom and the other as a 1 bedroom both offering polished timber flooring, high ceilings, gas appliances to kitchen, and good sizes living areas. Off street parking, and established garden setting. Walking distance to Schools, Main Street Shops, Train Station and Sporting Facilities. The property promotes potential to capitalise. To re-imagine turning it back into a home or a new build or the use as medical purposes. For further details, please call Len Smith (0418 343 754)
to arrange a viewing of the property.
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Property Details for 87 Gisborne Rd, Bacchus Marsh

87 Gisborne Rd, Bacchus Marsh is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 745m2 and floor size of 133m2. The place is currently for sale with First National Rayner.

Building Type
House
Floor Size
133m2
Land Size
745m2

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About Bacchus Marsh 3340

The size of Bacchus Marsh is approximately 12.2 square kilometres. It has 24 parks covering nearly 3.8% of total area. The population of Bacchus Marsh in 2011 was 5,759 people. By 2016 the population was 6,398 showing a population growth of 11.1% in the area during that time. The predominant age group in Bacchus Marsh is 60-69 years. Households in Bacchus Marsh are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bacchus Marsh work in a professional occupation. In 2011, 69.4% of the homes in Bacchus Marsh were owner-occupied compared with 67.8% in 2016.

Bacchus Marsh has 5,166 properties. Over the last 5 years, Houses in Bacchus Marsh have seen a 29.22% increase in median value, while Units have seen a 26.74% increase. As at 31 October 2024:

  • The median value for Houses in Bacchus Marsh is $633,937 while the median value for Units is $397,262.
  • Houses have a median rent of $480 while Units have a median rent of $375.
There are currently 77 properties listed for sale, and 12 properties listed for rent in Bacchus marsh on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Bacchus marsh.

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Len Smith
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Marcus Rayner
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First National Rayner
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