Sold
26 Barkly Street, Maryborough
House
Approved Development Site in Prime Maryborough Location – 1,023m² with Planning Permit for 3 Lots
Positioned in one of Maryborough's most desirable residential pockets, just moments from High Street shopping, schools, medical facilities, and community amenities, this is a rare opportunity to secure a permit-approved development site with existing rental income potential.
Currently leased for $350 PER WEEK until October 2026
Set on approximately 1,023m² of residential-zoned land, this classic California Bungalow delivers immediate holding income options alongside exceptional future upside.
Existing Residence – Rent, Renovate or Hold
The charming three-bedroom weatherboard home features:
Hardwood floors and high ceilings
Flexible third bedroom/studio space
Functional kitchen and living zones
Rear verandah access
Double garage and extensive rear yard
The home is well-suited as a current investment property while planning your next stage of development, providing flexibility and income during the transition.
The Major Advantage – Planning Permit Already Approved
Savvy investors will immediately recognise the value in the approved planning permit from Central Goldfields Shire, allowing for:
Demolition of existing outbuildings and fencing
Construction of two additional dwellings
Three-lot subdivision with common property
Associated infrastructure works
Avoid the time delays, uncertainty, and holding costs of securing council approval - the groundwork has already been done.
Investment & Development Potential
This property suits buyers seeking:
✔ Multi-dwelling development opportunity
✔ Townhouse or unit project potential (STCA)
✔ Strong rental yield prospects
✔ Long-term land banking strategy
✔ High-demand central Maryborough location
✔ Close proximity to schools, hospital, retail, and transport
With strong demand for quality housing in regional Victoria, and Maryborough continuing to attract investors and tree-change buyers, opportunities of this scale and approval status are increasingly rare.
Whether you choose to lease the existing home, commence construction immediately, or stage the project strategically, this is a property that offers flexibility and clear growth potential.
Currently leased for $350 PER WEEK until October 2026
Set on approximately 1,023m² of residential-zoned land, this classic California Bungalow delivers immediate holding income options alongside exceptional future upside.
Existing Residence – Rent, Renovate or Hold
The charming three-bedroom weatherboard home features:
Hardwood floors and high ceilings
Flexible third bedroom/studio space
Functional kitchen and living zones
Rear verandah access
Double garage and extensive rear yard
The home is well-suited as a current investment property while planning your next stage of development, providing flexibility and income during the transition.
The Major Advantage – Planning Permit Already Approved
Savvy investors will immediately recognise the value in the approved planning permit from Central Goldfields Shire, allowing for:
Demolition of existing outbuildings and fencing
Construction of two additional dwellings
Three-lot subdivision with common property
Associated infrastructure works
Avoid the time delays, uncertainty, and holding costs of securing council approval - the groundwork has already been done.
Investment & Development Potential
This property suits buyers seeking:
✔ Multi-dwelling development opportunity
✔ Townhouse or unit project potential (STCA)
✔ Strong rental yield prospects
✔ Long-term land banking strategy
✔ High-demand central Maryborough location
✔ Close proximity to schools, hospital, retail, and transport
With strong demand for quality housing in regional Victoria, and Maryborough continuing to attract investors and tree-change buyers, opportunities of this scale and approval status are increasingly rare.
Whether you choose to lease the existing home, commence construction immediately, or stage the project strategically, this is a property that offers flexibility and clear growth potential.