This unique property is sure to create interest with large/extended families, Developers and Investors alike. Located only 1.5km from the CBD of Ballarat is this large (approx) 1,000m2 CORNER block of land with 2 houses sitting on it! The first home is extremely spacious and features 5 double sized bedrooms - plus 2 standard bedrooms, 2 bathrooms, 3 toilets. The 2nd home has 2 bedrooms, 1 bathroom. With the various Universities in Ballarat (Federation University, Australian Catholic University and University of Ballarat School of Business), it is an easy property for Investors to lease out to the thousands of Uni Students in Ballarat. Conservative expected return rate of 6.5% (based on $500 pwk rent - last years return was 11%). An astute Developer could also create a windfall from this large corner block position and build 4 or 5 townhouses here (STCA). This rare property also offers the perfect solution for large/extended families wanting to be close to each other. Two for the price of one! Sound too good to be true? Come and check it out for yourself. You won't be disappointed! Inspections by Appointment Only.