5 Haslem Street, Kyabram, Vic 3620

$570,000 to $600,000

House
Type
5
Bedrooms
1
Bathrooms
1
Parkings
1,149 m²
Area

Published on Friday, July 17, 2026 ( See property details for 5 Haslem Street, Kyabram, Vic 3620)

$570,000 to $600,000

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

A versatile property offering immediate rental income, subdivision potential, and development opportunities on a substantial allotment in Kyabram.

🏡 Property Highlights

  • Substantial 1,149m² allotment with development potential
  • Existing income-generating residence with $570 weekly rent
  • Endorsed plans for two-lot subdivision in progress
  • Detailed development plans for a nine-bedroom sharehouse
  • Flexible investment options including subdivision, development, or dual-income strategy
  • Character-filled home with high ceilings and year-round comfort features

✨ Key Features

  • Built-in Robes
  • Ducted Gas Heating
  • Ducted Evaporative Cooling
  • Open-Plan Living
  • Outdoor Area
  • Water tank
  • Security Screens / Gates
  • Fully fenced
  • Workshop
  • Open-Plan Living
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5 Haslem Street
Kyabram, VIC 3620
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Vertical aerial view — 5 Haslem Street
5 Haslem Street — Vertical Aerial  •  Kyabram, VIC 3620  •  Nearmap © 2026

Kyabram is a vibrant regional town offering a strong community atmosphere, excellent amenities, and growth prospects. Its strategic location provides easy access to local services, schools, and transport links, making it an attractive choice for investors and families alike. The area boasts a mix of established homes and development sites, supporting both lifestyle and investment goals. With ongoing infrastructure improvements and a stable economy, Kyabram presents a promising environment for future growth.

What is the current rental income of the property?
The property is currently rented at $570 per week, providing an annual rental income of approximately $29,640.
What are the future development plans for the property?
Endorsed plans are in place for a two-lot subdivision and a detailed design for a nine-bedroom sharehouse on the rear allotment, subject to final approvals.
Can the property be developed into a dual-income investment?
Yes, the property offers potential for dual-income strategies through subdivision and development of the rear allotment or completing the existing residence.
What features does the existing home include?
The home features high ceilings, ducted gas heating, ducted evaporative cooling, a galley-style kitchen, dining area, bathroom, laundry, and toilet facilities.
Are there any planning or approval requirements for the subdivision?
Yes, the subdivision plans are endorsed, but final approvals, council advice, and compliance checks are recommended before proceeding.
Are there any additional costs associated with completing the subdivision or development plans? Have all necessary council approvals and permits been obtained for the proposed development? Are there any known zoning restrictions or easements affecting the property? What are the potential costs for construction and development of the rear allotment? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any ongoing or upcoming planning or infrastructure projects nearby that could impact the property? What are the strata or body corporate considerations if applicable? Are there any restrictions or covenants on the property that could limit development? Has a recent building inspection been conducted to identify any defects or repairs needed? What are the current market conditions and rental demand in Kyabram for similar properties?

5 Haslem Street, Kyabram, Vic 3620 - More Details

$570,000 to $600,000

Positioned on a substantial allotment of approximately 1,149m², 5 Haslem Street presents an exciting opportunity for investors and developers looking to secure an income-producing property with considerable future potential.
The existing residence is currently being let at $570 per week, providing an immediate rental return of approximately $29,640 per annum. Although previously the property had been reconfigured as a 5/6-bedroom share house.
The home offers up to 5 separate bedrooms together with a galley-style kitchen, dining area, bathroom, laundry and toilet facilities. High ceilings retain the character of the original residence, while ducted gas heating and ducted evaporative cooling provide year-round comfort for occupants.
However, it is the potential beyond the existing residence that makes this property particularly appealing.
The rear portion of the property has already been separately fenced, with endorsed plans prepared for a proposed two-lot subdivision. The plans indicate a front allotment of approximately 594m² containing the existing residence and a rear allotment of approximately 554m² with access from Canterbury Street. The subdivision is currently incomplete.
Further planning and design work has also been undertaken for the rear allotment, including detailed construction drawings for a proposed nine-bedroom Class 1B sharehouse. The proposed design incorporates nine bedrooms, individual ensuite facilities and shared kitchen, meals, living, laundry and outdoor areas.
The proposed rear development has the potential to generate high gross rental income per annum once completed and fully occupied. This figure achievable will be subject to final approvals, construction costs, rental conditions, occupancy levels and operating expenses.
Whether you continue to enjoy the immediate income from the existing 5-bedroom residence, complete the subdivision, develop the rear allotment or explore a future dual-income investment strategy, 5 Haslem Street offers a rare opportunity, with some preliminary groundwork already commenced while still providing significant scope for the new owner to complete and bring their vision to life.
Investors and developers are encouraged to review the available plans and conduct their own due diligence regarding the subdivision, proposed development, council advice & approvals and potential rental returns.
Type
House
Bedrooms
5
Bathrooms
1
Parkings
1
Area
1,149 m²
House Size
139 m²

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