37 Mill Street, KENNINGTON
Selling Now: $790,000 - $860,000
Kennington Secret Revealed
You might be surprised to find out this even exists! A huge home in a leafy private setting with spacious grounds. Its almost unimaginable.
At 3699sqm, this allotment is just shy of an acre of General Residential zoned land. Large properties like this are genuinely becoming rarer, as too are the opportunities for you to develop and make some money.
You can easily enjoy the home just as it is. However if your preference is for a contemporary makeover, there is the opportunity to take advantage of, and add on to, the architect designed features. Ahead of its time, the home has soaring cathedral ceilings, split level living and huge floor to ceiling windows that will really get your creative juices flowing.
Theres no need for the kids to bicker; theyll be spoilt for choice between the five bedrooms. As you would expect, the main bedroom offers a walk in robe and ensuite, but perhaps unexpectedly, there are two further bathrooms, two separate studies and three living areas. There is definitely enough space for friends or family to come and stay!
Summer neednt leave you hot and bothered this year, as a refreshing swimming pool flanks the main living hub. Youll feel cooler just looking at the water sparkling in the sunlight. Expect to spend hours splashing around and bouncing off the diving board, then finish up by enjoying an evening picnic in the private, leafy garden.
Back to the development potential. Whether you choose to do something now or save it for closer to retirement, the opportunity for wealth creation through subdivision and development is enormous.
Astute investors will immediately recognise the potential to capitalise on their investment, be it simply subdividing the land or seeing a multi-townhouse development through from planning to completion (STCA).
This central location is the pinnacle of Bendigos residential spread, and Mill Street in particular is held in the highest regard.
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