Development Potential on a Rare 1,435m² Site

Positioned in an increasingly active growth pocket of Wangaratta, 7 Smith Crescent presents an outstanding opportunity for investors, developers, and builders seeking scale, flexibility, and future upside. Set on an exceptional 1,435m² (approx.) allotment, the property offers genuine subdivision potential (STCA), with recent development activity already underway nearby-further reinforcing the long-term value and strategic appeal of the site.

The existing residence is well maintained and immediately functional, providing both holding income and comfortable liveability while future plans are explored. Comprising three bedrooms-each fitted with built-in robes-the home is supported by a practical floorplan that includes two separate living zones and a dedicated study, ideal for those working from home or requiring additional flexibility.

The updated kitchen is equipped with quality appliances, including a Miele dishwasher, gas cooktop, and electric oven, while year-round comfort is assured through ducted gas heating, evaporative cooling, ceiling fans throughout, supplemented by refrigerated wall units and a gas wall heater.

Outdoors, the home continues to deliver with a terrific raised entertaining deck complete with ramp access, concrete stumps, a three car carport, large shed, a patio area, garden shed, and secure fencing-adding further functionality for both owner-occupiers and tenants alike.

From an investment perspective, the property offers an estimated rental return of $430-$450 per week, making it an attractive land-bank or hold-and-develop proposition. Its proximity to Vincent Road shopping precinct, including Kmart, Coles, and easy access to the Wangaratta CBD, enhances tenant appeal and future resale value. The scale and layout may also suit community housing providers or government agencies seeking long-term residential assets.

Whether you're looking to subdivide (STCA), develop, land-bank, or secure a high-growth investment site with immediate income, this is a rare offering where location, land size, and future potential align.

For further information or to arrange a private inspection, please contact:
Connor Tait - Tait Real Estate
M: 0493 674 245
E: [email protected]
W: www.taitrealestate.com.au

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