3/203 Bell St, Redan is a 2 bedroom, 1 bathroom Unit and was built in 1985. The property has a land size of 227m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
This brick veneer 2-bedroom unit on 227sqm (approx), is a solid choice for investors, a great down-sizer or a fantastic purchase for a first-timer (subject to current lease).
Tucked in a small cluster of only 5 units, 3/203 Bell Street, Redan is currently occupied by fantastic tenants and is currently returning $260/wk.
A spacious living room is filled with light from the north and west and kept comfortable year round with wall-to-wall carpet, a gas wall heater and air-conditioning.
Through an open archway you find the kitchen & meals area which again benefits with natural light from a full-width window on the west side. The kitchen has a large pantry and has a good free-standing gas oven & stove.
Both bedrooms are well sized and feature carpet flooring and built-in robes, while the master also has direct access to the bathroom which includes as shower, bath and single vanity.
Through the separate laundry, the back door exits into a lovely, private, covered deck area, great for relaxing or entertaining. A small lawned area is flanked by garden beds recently filled with colour by the tenants. Access to the single car garage is available from this garden area also.
Just 4-6 mins walk to the bus, post office, APCO convenience store, & approx. 2.3km to the centre of Ballarat, the location is highly sought after.
If a low maintenance property is on your shopping list, this one is a must-see!
The size of Redan is approximately 2.2 square kilometres. It has 5 parks covering nearly 27.1% of total area. The population of Redan in 2011 was 2,975 people. By 2016 the population was 2,893 showing a population decline of 2.8% in the area during that time. The predominant age group in Redan is 20-29 years. Households in Redan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Redan work in a professional occupation. In 2011, 52.7% of the homes in Redan were owner-occupied compared with 48.5% in 2016.
Redan has 2,022 properties. Over the last 5 years, Houses in Redan have seen a 27.06% increase in median value, while Units have seen a 15.37% increase. As at 31 October 2024:
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