1 Walker Street, Sebastopol, Vic 3356

$465,000 - $485,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
580 m²
Area

Published on Tuesday, October 13, 2026 ( See property details for 1 Walker Street, Sebastopol, Vic 3356)

$465,000 - $485,000

David Wilson Director & Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming Victorian home with development potential, situated on a corner block with approved plans for a second dwelling in Sebastopol.

🏡 Property Highlights

  • Approved planning permit for a second, two-bedroom townhouse
  • Prime corner location with easy access to amenities
  • Potential to renovate and reconfigure the existing period home
  • Well-advanced subdivision process with completed sewer upgrades
  • Modern extension providing additional living space
  • Opportunity for investors, developers, and renovators

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Water tank
  • Floorboards
  • Secure Parking
  • Outdoor Area
  • Fully fenced
  • Workshop
  • Shed
  • Waterfront / Views

Sebastopol is a vibrant suburb offering excellent connectivity to major shopping centres, schools, and public transport. It boasts a strong community feel, convenient amenities, and a growing development scene. The area is ideal for families and investors alike, with a mix of historic charm and modern growth. Its strategic location provides easy access to Ballarat’s CBD and surrounding regions, making it a highly desirable place to live and invest.

What is the condition of the existing Victorian home?
The home is a classic period property with a modern extension, offering a solid structure with scope for renovation and customization to suit your preferences.
What development options are available with the approved plans?
The approved planning permit allows for the construction of a second, single-level two-bedroom townhouse, providing a clear pathway for development and investment.
Are there any restrictions or covenants on the property?
Details regarding restrictions or covenants can be obtained from the local council or your legal advisor; the subdivision process is well-advanced with key groundwork completed.
What are the nearby amenities and transport options?
The property is conveniently located near major shopping centres, schools, and public transport routes, ensuring easy access to daily essentials and commuting options.
Is the property suitable for renovation or development?
Yes, the property offers significant potential for renovation, reconfiguration, and development, with existing permits and groundwork in place to facilitate these projects.
Are there any hidden costs associated with the subdivision or development process? Have all necessary approvals and permits been obtained and are they compliant with current regulations? Are there any known defects or issues with the existing home or infrastructure? What are the zoning restrictions and are there any easements affecting the property? Is the property located in a flood or bushfire-prone area, and what risk mitigation measures are in place? Are there any upcoming planning or construction activities nearby that could impact the property? Is the property part of a strata or community title scheme, and what are the associated fees or restrictions? Are there any noise or nuisance issues from neighboring properties? What are the ongoing maintenance costs for the existing structures and infrastructure? Is there any history of flooding, subsidence, or other environmental concerns on the site?

1 Walker Street, Sebastopol, Vic 3356 - More Details

$465,000 - $485,000

Offering a fantastic opportunity for renovators, investors and developers, this classic Early Victorian presents the chance to restore a charming period home while capitalising on an approved planning permit to subdivide and construct an additional dwelling.

The existing home features two bedrooms, a separate dining room and lounge, complemented by a lovely modern extension that provides an additional living space. With an attractive period façade and a practical layout to work with, there is plenty of scope to renovate, add value and tailor the floorplan to suit your vision, including the potential to reconfigure the existing lounge as a third bedroom.

Adding further appeal, the property comes with an approved planning permit for a second, single-level two-bedroom townhouse. Documents are available upon request, offering a clear starting point for those looking to explore the development potential.

The subdivision process is already well advanced, with a crossover permit in place, sewer upgrades completed and power pit in place, providing valuable groundwork for the next stage.

Whether you are looking to transform a classic period home, pursue and complete the development and unlock the property's full potential, this is an exciting opportunity to bring a considered vision to life.

Enjoy a convenient corner location at 1 Walker Street, Sebastopol (formerly 10 Walker Street), on the corner of Yarrowee Street, within easy reach of major shopping centres, schools and public transport.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
580 m²
House Size
85 m²

Price guide

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