An exceptional opportunity for lifestyle seekers, developers, investors and astute buyers to secure a substantial 3,364m² landholding in central Kangaroo Flat, comprising two original titles and an established four-bedroom residence, with exciting scope to explore its future potential (STCA).

Offered as one complete holding, the property presents a unique combination of space, flexibility and opportunity. With a substantial 2,794m² vacant allotment at 1 Bank Street plus a 570m2 allotment at 3 Bank Street with an existing 4-bedroom residence.

Adding further interest, Council previously provided conditional endorsement for an additional subdivision proposal, providing valuable historical context for purchasers wishing to investigate the site’s future potential.

Any development or subdivision remains subject to the relevant planning approvals and purchaser due diligence.

Whether you’re looking to accommodate extended family, provide independent living for older parents or an adult child, explore additional dwelling opportunities, or investigate a future development project, this is a property offering multiple possibilities (STCA).



THE LAND & DEVELOPMENT OPPORTUNITY

• Approximately 3,364m² in total across two original titles.

• Existing 2-title Offering (refer to plan of subdivision):

– 1 Bank Street: Substantial 2,794m² vacant allotment
– 3 Bank Street: Separate 570m² allotment with 4-bedroom BV residence.
– New external and internal fencing
– Existing improvements and services providing an established starting point for a family looking for space to grow, or further future opportunities
– Scope to explore future development, investment of additional dwelling opportunities (STCA)


• Future Potential Proposition (refer to overhead photo):

– Conditional Council approval for additional sub-divisional consideration with identified building envelopes for both proposed allotments


THE EXISTING RESIDENCE

Complementing the impressive landholding is an established four-bedroom brick veneer residence, offering comfortable functionality and scope to further enhance.
Features include:
• Four bedrooms, three with double sliding built-in robes.
• Spacious lounge, separate dining and an additional second living area.
• Walk-through study with storage.
• Kitchen with original cabinetry, generous bench space and freestanding electric stove.
• Renovated family bathroom featuring a walk-in shower, bath, floating vanity and floor-to-ceiling tiling.
• Separate laundry with potential to incorporate a walk-in pantry.
• Ducted evaporative cooling and recently installed ducted gas heating.
• Split-system heating and cooling to the second living area.
• Double-glazed windows to the first two bedrooms.
• Timber flooring throughout the main living areas and carpeted bedrooms.
• Front deck and private courtyard.
• Large sliding doors connecting the second living area to the backyard.
• External awnings, automatic front sprinklers and four-camera security system.

Further enhancing the property’s practicality is a powered 6m x 4m zincalume shed with concrete floor and lined ceiling, ideal for additional storage or workspace.

SPACE, FLEXIBILITY & FUTURE OPPORTUNITY

Whether you’re seeking a substantial lifestyle property, a strategic investment, a development opportunity or simply the flexibility of two separately titled allotments, 1–3 Bank Street presents a rare opportunity to secure a significant landholding in an established and convenient Kangaroo Flat location.
Enjoy close proximity to local shops, eateries, healthcare services, schools, Gurri Wanyarra Leisure Centre and major shopping precincts, while exploring the possibilities this unique property may offer.


Prospective purchasers are encouraged to undertake their own investigations regarding planning controls, development feasibility, services, access, title particulars and any required approvals.

Contact Josie Caruso at PH Property for further information or to arrange an inspection.



Disclaimer: The information presented has been obtained from sources believed to be reliable; however, its accuracy cannot be guaranteed, and it has not been independently verified. Interested parties should make their own enquiries and obtain independent professional advice to satisfy themselves of all aspects of the property. PH Property disclaims any liability for errors, omissions, or misstatements. For full details, including title information, please refer to the Vendor Statement.