FOR SALE

702 Bell Street
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 113m2
Land area: 659m2
This property is currently on the market
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Property Details for 702 Bell St, Redan

702 Bell St, Redan is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 659m2 and floor size of 113m2.This Property is currently listed for sale with Ray White Ballarat

Building Type
House
Year Built
1950
Floor Size
113m2
Land Size
659m2
Local Government
Ballarat
Lot/Plan
8~132/PP5030

Last Listing description (October 2024)

Set on a generous 659m2 corner allotment, the opportunity here is certainly in the eye of the buyer. Whether you are looking for the perfect entry level home with excellent shedding, or you are looking for a property you can do some works to and rent out for a period of time with long term plans to develop, or whether you are looking for a project to restore to its former glory and really make this your home, then an inspection at Bell Street is a must! There are endless possibilities for this property for both the short term and the long term and the price is right! It is important for buyers to note that this home is move-in ready and in working order, so for first home buyers you could simply do some cosmetic updates such as carpet or polish up the floorboards, put on a fresh coat of paint, refresh the window furnishings if you desire and yet so much potential for the future - now that's great investing!

The current planning permit allows for;
Lot 1 - 14.5m width / 28m depth

Lot 2 - 13.5m width / 28m depth

The home itself comprises an incredibly generous master bedroom with split system heating and cooling, excellent BIRs and a gorgeous outlook to the parklands across the road. The second bedroom is also of generous proportions and there is a central bathroom featuring a large shower with updated tapware, vanity and face level storage. You are welcomed into the home with an entry foyer that flows through into the main living zone and offers a gas heater. The adjoining dining and kitchen has been updated over time and features a stainless steel 600mm electric oven, gas cooktop, dishwasher, and counter and storage space. The home has floorboards throughout that you could either polish and have as a feature of the home, or lay some carpets in bedrooms and living, you have a blank canvas so the choice is yours.

Externally is an oversized garage which would allow for 2 cars plus a large workshop space or outdoor retreat space, as well as a garden shed and outdoor toilet. The property also offers a full secure rear yard and uniquely offers access from both street frontages.

Brilliantly positioned within Ballarat just a stones throw from Bray Raceway offering an easy counter meal or night out at the track, walking distance to sporting precinct and facilities, a short 700m walk to Blake Family Grocers, 24/7 Anytime Fitness Gym, Maxi Foods, takeaway, and only 5 minutes to Lake Wedndouree, the Ballarat CBD, and an array of schools and kindergartens.

With so much opportunity on offer here at Bell Street, what are you waiting for? Contact the exclusive listing agent Jo Thornton 0409 356 478 today to arrange an inspection.

Property History for 702 Bell St, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$270,000
30 Jul 2019
Listed for Rent
$270/w
25 May 2018
  • 18 Jul 2024
    Listed for Sale $335,000 - $365,000
  • 30 Jul 2019
    Sold for $270,000
  • 04 Jun 2019
    Listed for Sale Price by Negotiation $250,000 - $270,000
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About Redan 3350

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 2,015 properties. Over the last 5 years, Houses in Redan have seen a 27.36% increase in median value, while Units have seen a 23.67% increase. As at 30 September 2024:

  • The median value for Houses in Redan is $421,774 while the median value for Units is $326,042.
  • Houses have a median rent of $380 while Units have a median rent of $340.
There are currently 36 properties listed for sale, and 2 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Redan.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.