Elders Easy Sale Closes Wednesday 10 November, 2:00pm.
Indicative Sale Price $400,000 – $440,000.

Already in two separate titles, this may be an excellent opportunity to combine the old and the new in an ideal location around 4.5km from the heart of Castlemaine and walking distance to the notable 5 Flags Hotel in Campbells Creek.

A historic miners cottage is positioned at the front of the property, and comprises a number of rooms that could be used as bedrooms or a walk-through study. On its own title of 420sqm the cottage requires some essential improvements to make it habitable prior to your major rejuvenation and renovation, which will likely yield stunning results.

The second title is a vacant parcel of land (approx. 490sqm) with Township Zoning. Investigate the existing Heritage Overlay and possible construction of a dwelling with Mount Alexander Shire, with the bonus of town water, sewerage, power, and gas nearby the property. Occupying part of the rear yard is a sizeable steel shed, which could be removed for re-use at another location.

Once your plans have come to fruition, capitalise on the increasing demand for regional properties from city buyers with a growing trend of commuters, those working from the home office, retirees and investors realising the superior quality of living and value for money available in the Castlemaine district.

A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist