12-14 Sailors Gully Road, Eaglehawk, VIC, 3556, Australia

12 & 14 Sailors Gully Road, Eaglehawk
Lot 1 (12): $400,000 - $440,000
Lot 2 (14): $485,000

Rare opportunity to purchase one or both of two adjoining properties in the centre of Eaglehawk. Zoned Commercial 1, these allotments have a combined land size of 1012sqm (a quarter of an acre), and are located among other successful businesses, just a stone's throw from the main shopping hub.

Each has dual road access making them ideal for a drive-through service and/or private car park for clients. The site may be of interest for an abundance of uses, including a childcare facility or allied health professionals. Fry Lane, at the rear, has parking and direct pedestrian access to Canterbury Park and the entrance to the walking track circling popular Lake Neangar.

Adjoining the Canterbury Park Sports Precinct, the properties have huge potential to attract foot traffic as tourists and the loyal Eaglehawk constituents attend community sporting and market events nearby. Both allotments would make a sensational spot to construct a raised outdoor area (STCA) overlooking the footy ground and park – sure to be popular with spectators and those looking for somewhere cosy to have a meal or coffee after a walk around the lake or before a movie at the Star Cinema.

Capitalise on the growing trend of low maintenance, carefree urban living and create a mixed-use development with prestigious townhouses or apartments (STCA).

Lot 1 (Number 12) - 468sqm
Two Victorian shop fronts, combined into one building. The facade showcases architecture typical of the era including timber stalls and mullions, as well as the original parapets. To enhance the heritage appeal of the buildings, you may investigate the possibility of reinstating the verandah at the front. The building has kitchen and bathroom facilities, with separate rooms which could be used for a variety of purposes. Be prepared to carry out renovations to greatly enhance the building's value and appeal.

Lot 2 (Number 14) - 544sqm
Two brick garages with power and concrete floor. Ideal for conversion into many uses such as a hairdressing salon, gym, showroom, or microbrewery (STCA), or simply to use as a workshop and storage space. The enterprising and savvy may see a way to utilise the space as a café or bar, or create a boutique events centre to host weddings or similar. Currently configured with office areas, storage and basic kitchen facilities, the fundamentals are here ready to be enhanced.

It is common for us to hear people describe with great pride, their sense of belonging to the Eaglehawk community. The stunning architecture throughout the town honours the rich mining heritage for which Eaglehawk is renowned. There is an undeniable romance about the town and its local community. Often buyers express their desire to "return home" to Eaglehawk. Whether that is to take up employment opportunities in Bendigo, to invest in real estate, to raise a family or to enjoy retirement. Don't be fooled by the historic architecture, this is a modern and thriving point on the map.

This richness of community and belonging is key to the richness of the modern amenities, public spaces and trade and services. When you visit the properties allow time to also inspect the bustling main street and note the immediate access to all the modern necessities and comforts you could desire.

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