46 Milroy Street, Bendigo VIC 3550

Expressions of Interest
Closing Wednesday 6 November, 2:00pm
Indicative Sale Price $480,000 - $520,000


This property occupies a whopping 1100sqm of ground, not just with the 3550 postcode, but with a Bendigo proper address. It is located less than 2km, or 3 minutes from our beautiful landmark, Alexandra Fountain in the heart of Bendigo's CBD. The home has a lovely Victorian façade and many of the traditional features. It is well and truly ripe for renovation and just begging for someone who loves old homes to reinstate it, to its former glory. It would also be suited to someone who is interested in pursuing the possibility of subdivision potential in the future.

The current owner purchased this property from her mother over 25 years ago, meaning this property has quite literally been held by the same family for decades, or generations. It is from an era when people took a lot of pride in their gardens, and it even has a suitable name; "Summerfield".

The home hasn't had any substantial improvements in the whole time of the current ownership, which on one hand means it is quite tired, and would most definitely benefit greatly from a renovation or refurbishment, but on the other hand, it means most of the original traditional features are still in place, such as sash windows with the quirky original glass, reminding us that once upon a time, everything was handmade, deep skirting boards, towering timber-lined, ceilings, timber dado boards, and picture rails are amongst the wonderful echoes of the past.

The floor plan is as you would expect from a home of this age, with four main rooms at the front, the first two divided by a central entry hall, beyond which you step into what is currently being used as the dining room, with a bedroom alongside, then the kitchen with an adjacent bedroom sized room, and as you move towards the back door you will find yourself in what would once have been called the vestibule, but is more commonly known as a sunroom now with the bathroom to one side and the laundry and toilet to the other. This transitional space would make an excellent study or gaming area.

An advantage of older homes like this is the versatility of the space. Clever design in the kitchen, would see the dining incorporated, freeing up the other rooms for use as four bedrooms and a lounge or three bedrooms and two separate living areas.

If you just want a nice handy spot to raise your kids, with a big backyard to explore, the gardens are beautifully established, and the property is a triangle which makes it really unique and peculiar with lots of little nooks and crannies. There are bird aviaries tucked away right down the back, and closer to the front There is a brick garage, an older shed, and some other sundry shedding.

In discussion with Town Planning, it seems that subdivision is a possibility here, however a heritage overlay would need to be addressed, with a mind to preservation of the original home, but then who wouldn't want to breathe new life into this lovely piece of history.

I really don't need to address the convenience of the location, it is unbelievably close to everything you could possibly want from Bendigo. The list would be ridiculous, pick anything and check for yourself.

This property is rich with possibility and ideal for someone gifted with the vision to see the potential, and the ability to add value by bringing that into reality.

Consider yourself invited to the next open and feel free to contact the friendly agent, she would love to help you.


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