1-8/1110 Howitt St, Wendouree is a 13 bedroom, 8 bathroom Unit.
Presenting this massive investment opportunity with all 8 solid brick units being sold as one, positioned only 8 minutes from Lake Wendouree. You'll find your local caf, supermarket, pub, post office, take away restaurants and Ballarat Grammar School all within walking distance.
All homes provide comfortable accommodation with five units offering two bedrooms, a family bathroom, a good size living room and single garage, while three homes boast one bedroom, a living room with heating, a low maintenance front yard with single carport/garage.
This opportunity is ideal for investors in search of a multi-dwelling investment opportunity or keen for a renovation project whilst still having potential for income. 7 of the units are currently leased. Contact Mark Nunn or Vivek Iyer at Buxton today to schedule a private inspection.
Unit 1 2 Bed, 1 Bath, 1 Car, 148m2
Unit 2 1 Bed, 1 Bath, 1 Car, 100m2
Unit 3 2 Bed, 1 Bath, 1 Car, 146m2
Unit 4 2 Bed, 1 Bath, 1 Car, 149m2
Unit 5 1 Bed, 1 Bath, 1 Car, 129m2
Unit 6 2 Bed, 1 Bath, 1 Car, 175m2
Unit 7 1 Bed, 1 Bath, 1 Car, 109m2
Unit 8 2 Bed, 1 Bath, 1 Car, 144m2
The size of Wendouree is approximately 9.6 square kilometres. It has 23 parks covering nearly 12.5% of total area. The population of Wendouree in 2011 was 10,597 people. By 2016 the population was 10,452 showing a population decline of 1.4% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation. In 2011, 59.2% of the homes in Wendouree were owner-occupied compared with 56.6% in 2016.
Wendouree has 6,611 properties. Over the last 5 years, Houses in Wendouree have seen a 28.68% increase in median value, while Units have seen a 25.22% increase. As at 31 October 2024:
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