FOR SALE
$895,000

13 Worcester Road
Gisborne VIC 3437

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1370m2
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DEVELOPMENT OPPORTUNITY ON WORCESTER ROAD - 1370 m2 (APPROX.) ALLOTMENT

Unlock the potential of this prime development opportunity at 13 Worcester Road. With approved plans and permit for three townhouses, this 1370m2 (approx.) allotment is a developers dream.
The property is conveniently located close to shops, supermarkets, cafes and schools, and offers easy access to the Calder freeway.
The existing family home comprises an open plan kitchen/dining space, a large living area and three bedrooms. The main bedroom features a WIR and shower room while a central family bathroom and separate WC service the two additional bedrooms.
This versatile property combines the convenience of approved development plans with an immediate potential rental return, making it an ideal real estate investment.
The property is currently tenanted until January 2025.
Contact Jason Kennedy on 0417 383 235 to arrange an inspection today.
***PHOTO ID & QR CHECKIN REQUIRED AT ALL INSPECTIONS***
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence.
Consumer Affairs Due Diligence Checklist:
https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence
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Property Details for 13 Worcester Rd, Gisborne

13 Worcester Rd, Gisborne is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1370m2. The place is currently for sale with Kennedy & Hunt Real Estate.

Building Type
House
Land Size
1370m2

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About Gisborne 3437

The size of Gisborne is approximately 96.4 square kilometres. It has 33 parks covering nearly 38.2% of total area. The population of Gisborne in 2011 was 7,289 people. By 2016 the population was 8,982 showing a population growth of 23.2% in the area during that time. The predominant age group in Gisborne is 0-9 years. Households in Gisborne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gisborne work in a professional occupation. In 2011, 79.7% of the homes in Gisborne were owner-occupied compared with 80.2% in 2016.

Gisborne has 5,653 properties. Over the last 5 years, Houses in Gisborne have seen a 17.45% increase in median value, while Units have seen a 12.36% increase. As at 30 November 2024:

  • The median value for Houses in Gisborne is $953,736 while the median value for Units is $566,005.
  • Houses have a median rent of $640 while Units have a median rent of $495.
There are currently 91 properties listed for sale, and 23 properties listed for rent in Gisborne on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Gisborne.

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Jason Kennedy
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