1881 Princes Highway, Heywood, Vic 3304

$250,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
3,096 m²
Area

Published on Friday, August 21, 2026 ( See property details for 1881 Princes Highway, Heywood, Vic 3304)

$250,000

Kevin Hughes Sales Consultant & Portland Lifestyle Estate Consultant
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare large landholding in a central Heywood location, offering renovation, development, or investment opportunities on a substantial 3,096m² block.

🏡 Property Highlights

  • Large 3,096m² landholding with substantial development potential
  • Prime central location on Heywood's main street
  • Adjacent to the local bowling club and backing onto Heywood Hospital
  • Existing home in very poor condition, offering renovation or redevelopment opportunities
  • Power and water connections already established
  • New roof providing a solid starting point for renovation

✨ Key Features

  • Water tank
  • Built in robes
  • Open-Plan Living
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Floorboards
  • Security Screens / Gates
  • Fully fenced
  • Ceiling Fans
  • High energy efficiency

Heywood is a vibrant regional town offering a strong community feel, convenient access to essential services, and excellent connectivity. Its central location on the main street provides easy access to local amenities, shops, and recreational facilities. The town boasts a rich history and a welcoming atmosphere, making it an ideal place for both investment and future development. Proximity to healthcare and leisure facilities enhances its appeal for a diverse range of buyers. The area combines rural charm with practical convenience, perfect for those seeking a substantial landholding with growth potential.

What is the current condition of the property and what renovation work is needed?
The existing home is in very poor condition and will require extensive repair, renovation, or potentially demolition. The property benefits from a new roof, which provides a good starting point for renovation efforts.
Are there any development restrictions or zoning considerations for this large landholding?
Potential buyers should consult local council zoning regulations to determine development possibilities and any restrictions that may apply to the 3,096m² parcel.
What are the utility and infrastructure connections available on the property?
Power and water connections are already established, making the property ready for renovation or development.
Is the property suitable for future subdivision or redevelopment?
Given its substantial size and central location, the property offers potential for subdivision or redevelopment, subject to council approval and planning regulations.
What nearby amenities and services are accessible from this property?
The property is conveniently located next to the local bowling club and backs onto Heywood Hospital, providing easy access to healthcare, recreation, and community facilities.
Are there any existing planning permits or approvals required for renovation or redevelopment? Are there any easements, covenants, or zoning restrictions affecting the property? Has the property been tested for any environmental issues, such as soil contamination? Are there any upcoming town planning or infrastructure projects that could impact the property? What are the potential costs associated with demolishing or renovating the existing structure? Is there any history of flooding or bushfire risk in this area? Are there any strata or community title considerations, or is it freehold land? What are the current council rates and any additional levies? Are there any restrictions on building height or design due to local planning policies? Is there any ongoing or planned nearby construction that could affect future development or living conditions?

1881 Princes Highway, Heywood, Vic 3304 - More Details

$250,000

Set in a great central location on the main street of Heywood, 1881 Princes Highway presents a rare opportunity for those looking for a substantial parcel of land with plenty of potential.

Positioned on an impressive 3,096m² block, the property is conveniently located directly next door to the local bowling club and backs onto the Heywood Hospital, adding to the appeal and accessibility of this sizeable holding.

With power and water already connected, the property offers scope for someone with vision to take on a major renovation project or explore the possibilities offered by the generous landholding. The existing home is in very poor condition and will require extensive repair, renovation or potentially demolition; however, the property does benefit from a new roof, providing a starting point for those prepared to roll up their sleeves.

Whether you're looking to breathe new life into the existing dwelling, create your own project, or take advantage of the huge block and excellent town location, this is an opportunity worth inspecting.

With its substantial land size, central position and close proximity to both the bowling club and hospital, this property represents a genuine opportunity for renovators, investors, developers or buyers looking for a large parcel of land with plenty of potential.
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
3,096 m²

Price guide

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