For sale
House • 12mo
$680,000
Within Budget601 Ripon St South, Redan, VIC, 3350, Australia
3
1
1
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About this Property
Located in a sought-after Redan pocket, this property offers more than just a charming three-bedroom home it comes with a confirmed permit to subdivide the block into two separate 2-bedroom homes, unlocking fantastic development potential and future value.
The front house is currently tenanted by a reliable, long-term renter, providing immediate and steady rental income. This makes the property a smart investment with a strong return from day one, while you plan and prepare for the subdivision.
The existing home is solid and spacious, featuring three generous bedrooms, a functional kitchen with a 600mm gas cooktop and electric oven, and a separate lounge with split system heating and cooling for year-round comfort. At the back, a full laundry with a second toilet adds convenience, and the enclosed rear yard complete with established lawns, storage sheds, and dog or chook pens. Offers great outdoor space and hobby options.
With the subdivision permit in hand, this property is ideal for investors looking to capitalize on the growing demand for quality housing in Redan. The potential to develop two additional homes on this block not only enhances long-term capital growth but also maximizes rental returns.
All of this is set within minutes of Ballarat CBD, local shops, supermarkets, and just a short drive to Sebastopol's shopping precinct an unbeatable location for tenants and future homeowners alike.
601 Ripon Street South is a rare opportunity to secure a property that delivers stable income now and exciting development potential for tomorrow.
Ballarat's Selling-Team
The front house is currently tenanted by a reliable, long-term renter, providing immediate and steady rental income. This makes the property a smart investment with a strong return from day one, while you plan and prepare for the subdivision.
The existing home is solid and spacious, featuring three generous bedrooms, a functional kitchen with a 600mm gas cooktop and electric oven, and a separate lounge with split system heating and cooling for year-round comfort. At the back, a full laundry with a second toilet adds convenience, and the enclosed rear yard complete with established lawns, storage sheds, and dog or chook pens. Offers great outdoor space and hobby options.
With the subdivision permit in hand, this property is ideal for investors looking to capitalize on the growing demand for quality housing in Redan. The potential to develop two additional homes on this block not only enhances long-term capital growth but also maximizes rental returns.
All of this is set within minutes of Ballarat CBD, local shops, supermarkets, and just a short drive to Sebastopol's shopping precinct an unbeatable location for tenants and future homeowners alike.
601 Ripon Street South is a rare opportunity to secure a property that delivers stable income now and exciting development potential for tomorrow.
Ballarat's Selling-Team
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Buying as an investment property?
We can advance 2 years of rental income upfront.
On any investment property
Investors can receive up to $10,000^ in 48 hours
^estimated from $0/week rent* over 2 years
No banks. No loans. No drama.
Apply in 2 mins & confirm eligibility in 24 hrs
No impact to your credit score
This is not a home loan and not credit
Only pay back when rent is received
* Estimated based on 4% annual rental yield and a $0 property value. Weekly rent estimated at $0 ($0 ÷ 365 x 7 days). Prepayment capped at $100,000. Subject to approval.
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More Details on 601 Ripon St South, Redan VIC
How many bedrooms and bathrooms does 601 Ripon St South, Redan have?
601 Ripon St South, Redan is a 3 bedroom , 1 bathroom house.
Who is the agency that listed 601 Ripon St South, Redan?
The agency who listed 601 Ripon St South, Redan is PRDnationwide Ballarat - you can contact the agents here.
How many car spots does 601 Ripon St South, Redan have?
601 Ripon St South, Redan is a 1 car spot home.
How much is 601 Ripon St South, Redan?
The price of 601 Ripon St South, Redan is $680,000 - contact the agents to find out more.