1470 Gregory Street, Lake Wendouree, Vic 3350

$780,000 - $820,000

House
Type
3
Bedrooms
2
Bathrooms
3
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 1470 Gregory Street, Lake Wendouree, Vic 3350)

$780,000 - $820,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 1950's clinker brick home with a self-contained bungalow, set in the highly sought-after Lake Wendouree precinct, offering exceptional lifestyle and investment potential.

🏡 Property Highlights

  • Self-contained one-bedroom bungalow for additional income or guest accommodation
  • Prime Lake Wendouree location close to gardens, lake, and amenities
  • Three-car garage providing ample storage and workspace
  • Solid 1950's clinker brick construction with timeless character
  • Separate dining room and functional kitchen for everyday living
  • Potential for Airbnb rental, ideal for investors or downsizers

✨ Key Features

  • Garage
  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Home Office / Study
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
  • Pet-Friendly
  • Internal Laundry

Lake Wendouree is a highly desirable suburb renowned for its picturesque lake, beautiful botanical gardens, and vibrant community atmosphere. It offers excellent walkability with cafes, parks, and recreational facilities at your doorstep. The area is perfect for families, professionals, and investors seeking a premium lifestyle. Proximity to public transport and local amenities ensures convenience and connectivity. The neighbourhood combines historic charm with modern living, making it one of Ballarat's most sought-after locations.

Is the property suitable for Airbnb hosting?
Yes, the property currently has Airbnb potential due to its self-contained bungalow and prime location near Lake Wendouree, gardens, and amenities.
What is the condition of the home and recent updates?
The home features polished timber floors, an updated bathroom, and a functional kitchen, reflecting quality and durability from the 1950s.
Are there any restrictions or zoning considerations for the property?
Zoning details should be confirmed with local council, but the property’s versatile layout supports various uses including investment or extended family accommodation.
What are the nearby amenities and lifestyle features?
The property is close to Lake Wendouree, Ballarat Botanical Gardens, cafes, walking tracks, and the Wendouree Train station, offering an active and convenient lifestyle.
Is there potential for future development or expansion?
Potential for expansion or renovation exists, especially with the large garage and self-contained bungalow, subject to council approvals.
Are there any hidden costs or ongoing maintenance expenses associated with the property? Has the property been inspected for structural issues or pests? Are there any planning restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any upcoming developments or construction projects nearby that could impact the property? What are the strata or body corporate fees, if applicable? Are there any zoning restrictions that limit future modifications? Has the property been compliant with all building codes and regulations? Are there any known issues with the self-contained bungalow or main residence? What are the terms of the current Airbnb or rental arrangements?

1470 Gregory Street, Lake Wendouree, Vic 3350 - More Details

$780,000 - $820,000

This solid 1950's clinker brick home offers timeless character combined with comfortable modern living in the highly sought-after Lake Wendouree precinct.

The main residence comprises two well-proportioned bedrooms, an updated bathroom, polished timber floors, a separate dining room, and a functional kitchen designed for everyday ease. Filled with warmth and charm, the home reflects the quality and durability of its era.

Adding exceptional versatility is a separate, self-contained one-bedroom bungalow with its own private access, perfect for generating a second income, accommodating extended family, or providing a private space for guests.

At the rear, a substantial three-car garage offers ample storage and workspace, ideal for tradespeople, hobbyists, or those needing extra room.

Perfectly suited to downsizers, young families, or investors, currently air bnb, this property is positioned in the blue-chip Lake Wendouree area, just moments from the beautiful Ballarat Botanical Gardens, walk to the Wendouree Train station and the lake itself, offering an enviable lifestyle with walking tracks, cafes, and amenities close by.

A rare opportunity to secure a versatile property in a premium location.
Type
House
Bedrooms
3
Bathrooms
2
Parkings
3

Price guide

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