1 Waratah Street, White Hills, Vic 3550

Positioned on a generous 724m2 corner allotment just five minutes from the heart of Bendigo, this three-bedroom Western Red Cedar cottage presents an exciting opportunity for first home buyers, investors, and developers alike. With pre-approved permits for a two-lot subdivision and the potential to rent for $360 per week, this property offers multiple avenues to secure a sound investment or your first step into home ownership.

Zoned general residential, the home features crossover access from two boundaries, making it ideal for those interested in developing a dual townhouse project or renovating the existing cottage. The home’s layout includes an open-plan kitchen, dining, and living area, leading to a versatile third bedroom or study, plus a laundry and separate toilet. The L-shaped kitchen offers a double sink, glossy white cabinetry, a Chef upright gas cooker, and a corner pantry. The living space, with split system heating and cooling and a ceiling fan, opens via timber French doors onto a large, brick-paved undercover alfresco area—perfect for entertaining.

Two double bedrooms are serviced by a recently renovated bathroom, complete with a hand basin and shower. The fully fenced yard includes a brick shed and single carport with undercover parking off Waratah Street, as well as double gate access to the spacious rear yard from Finn Street.

Located within walking distance of Weeroona Secondary College and Lake Weeroona, and just a short drive to White Hills amenities and Epsom Village, this property offers exceptional potential—whether you're a first home buyer ready to step into the market or an investor/developer looking for your next project. Don’t miss this unique opportunity!