FOR SALE
$995,000

20 Drake Street
Malmsbury VIC 3446

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 3109m2
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Plentiful Offerings in a Charmed Setting

Not only will the whimsical charm of the residence and setting romance you at 20 Drake Street, upon an inspection, the investor and future planner in you will also be shouting YES! You see, by becoming the proud purchaser of this property, opportunity presents itself threefold.
Firstly, a fully refurbished 2 bedroom miners cottage fronts Drake Street. Secondly, a wide side driveway introduces the private, independent and very endearing barn. And lastly, at the rear of the property, fronting Bennett Street, a 1,539sqm parcel of land that has been approved for subdivision.
The Cottage:
Renovated with personality, style and longevity in mind, a walkthrough of this home leaves a lasting impression. Updates you will appreciate included new exterior timber and Colourbond cladding, a new kitchen and bathroom and split system heating and cooling. Warm timber floors and architraves bring the country charm. The split-level design oozes character thanks to its vibrant colour palate and careful design choices. There are 2 bedrooms, a beautifully renovated, dual access bathroom and 3 living areas across the cosy, split-level design. You will be hard pressed to choose your favourite spot; will it be in front of the wood heater, the kitchen/dining area with the window seating nook or the rear lounge with garden and countryside views?
The Barn:
Warm, stylish and unique, the barn with its flexible floorplan offers a bonus space that perfectly compliments the cottage. With a mezzanine level, concrete floors, a wood heater and certified bathroom, the barn is the ideal workspace for all activities permissible in a class 10a building.
The Land:
This neat and flat parcel of land with stunning views is a blank canvas. With a wide frontage, it will accommodate a range of design choices and at 1,539sqm, there will be room for shedding (STCA). The options here are endless. Build your dream home on the rear block or sell the rear block and benefit from a fast return on your purchase. This will certainly be an exciting discussion to have with your loved ones!
** We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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Property Details for 20 Drake St, Malmsbury

20 Drake St, Malmsbury is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 3109m2. The place is currently for sale with Broadhurst Property.

Building Type
House
Land Size
3109m2

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About Malmsbury 3446

The size of Malmsbury is approximately 40.6 square kilometres. It has 7 parks covering nearly 3.9% of total area. The population of Malmsbury in 2011 was 612 people. By 2016 the population was 834 showing a population growth of 36.3% in the area during that time. The predominant age group in Malmsbury is 50-59 years. Households in Malmsbury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Malmsbury work in a professional occupation. In 2011, 82% of the homes in Malmsbury were owner-occupied compared with 81.6% in 2016.

Malmsbury has 662 properties. Over the last 5 years, Houses in Malmsbury have seen a 44.74% increase in median value. As at 30 November 2024:

  • The median value for Houses in Malmsbury is $827,978 while the median value for Units is $650,491.
  • Houses have a median rent of $375.
There are currently 11 properties listed for sale, and 1 property listed for rent in Malmsbury on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Malmsbury.

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Sue Wilson
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Robert Broadhurst
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Broadhurst Property
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