63 Ellis Street, Flora Hill, Vic 3550

This is your chance to explore an exceptional development or landbank opportunity in the highly sought after Flora Hill area. Set on an 1831m² allotment, this property features a 3 bedroom, 1 bath cream brick residence with carport requiring renovation whilst the block provides endless potential for future development. Plans for a 4 lot subdivision are available. You may choose to incorporate the current residence, leveraging its strong rental history (currently rented at $330 per week) for an income stream while you decide on the next steps. Alternatively, clear the site for a standout residential project, a modern family home, or a purpose-built educational or medical facility (STCA). With General Residential Zoning and a gentle slope to the rear of the block, this property is primed for redevelopment. A scattering of mature shade trees adds character to the site. Its unbeatable location places you steps from Bendigo South East College & La Trobe University & a short walk to Strath & Kennington Village shops, Kennington Reservoir, public transport & a host of other amenities. Don't miss this fantastic opportunity!