FOR SALE
$465,000

92 Sullivan Street
Inglewood VIC 3517

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 139m2
Land area: 981m2
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Unparalleled Opportunity for the Astute Investor/Developer: Buy One or Buy Both

This double whammy package is situated on a large corner allotment (Camp and Sullivan streets) of 948 square metres that's already had a subdivision completed. There is a current permit and plans for two x three-bedroom townhouses to be constructed on this allotment with the address being 4 Camp Street, Inglewood. Facing Sullivan Street, you have a superbly renovated three-bedroom home that's securely leased on a long lease to a government entity. This is a walk up start for those astute and savvy investor developers looking for their next project with an assured income whilst you’re getting the townhouses off the ground.
The opportunity is here for the taking with an excellent investment property already returning $460 per week. The brick home has been completely renovated throughout to high specifications with all new appliances in the designer style kitchen and superb bathroom. Polished floorboards throughout and split systems in all the bedrooms and living areas. Excellent outdoor living area and off-street parking, it's all here. A low maintenance and easily maintained property that will definitely tick all the boxes.
The house can be sold separately for $465,000 and the block at 4 Camp Street with completed subdivision and all drawings can be sold for $180,000.
All of this is conveniently situated within easy walking distance to the main shopping area of Inglewood, as well as the schools, hospital and sporting facilities. An easy 30-minute drive from Bendigo also adds to the appeal of this property. For more information, contact agent Lois De Jong on 0413 175 087.
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Property Details for 92 Sullivan St, Inglewood

92 Sullivan St, Inglewood is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 981m2 and floor size of 139m2. The place is currently for sale with Property Plus Real Estate.

Building Type
House
Floor Size
139m2
Land Size
981m2

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About Inglewood 3517

The size of Inglewood is approximately 109.6 square kilometres. It has 5 parks covering nearly 33.3% of total area. The population of Inglewood in 2011 was 1,057 people. By 2016 the population was 864 showing a population decline of 18.3% in the area during that time. The predominant age group in Inglewood is 60-69 years. Households in Inglewood are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Inglewood work in a labourer occupation. In 2011, 82.8% of the homes in Inglewood were owner-occupied compared with 77.8% in 2016.

Inglewood has 651 properties. Over the last 5 years, Houses in Inglewood have seen a 210.42% increase in median value, while Units have seen a -75.87% decrease. As at 30 September 2024:

  • The median value for Houses in Inglewood is $550,659 while the median value for Units is $276,216.
There are currently 20 properties listed for sale, and 1 property listed for rent in Inglewood on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Inglewood.

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Lois De Jong
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Nathan Diss
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