73-77 Witt Street, Benalla, Vic 3672

$700,000

House
Type
7
Bedrooms
3
Bathrooms
3,063 m²
Area

Last updated on Thursday, May 28, 2026 ( See property details for 73-77 Witt Street, Benalla, Vic 3672)

$700,000

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A versatile residential investment property with industrial zoning, substantial land, and excellent development potential in a growing area of Benalla.

🏡 Property Highlights

  • Strong rental income of $52,000 per annum across three tenancies
  • Large 3,063 m² parcel with potential for further development
  • Flexible industrial zoning with existing residential use
  • Prime corner location with excellent access
  • Close to new residential developments in Amberfields Estate
  • Walking distance to shops, transport, and town amenities

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Benalla is a vibrant regional centre known for its strong community, expanding residential developments, and convenient access to amenities. The area offers excellent investment opportunities with a mix of commercial and residential properties, supported by ongoing growth and infrastructure improvements. Its proximity to Amberfields Estate makes it ideal for future development and increased livability. The town boasts a rich history, active local culture, and a welcoming atmosphere, making it a desirable place to live and invest.

What are the current uses and zoning of the property?
The property is currently used as a residential investment with existing tenants, but it has industrial zoning which allows for flexible development options.
Is there potential for further development or subdivision?
Yes, the property offers further development potential, and additional land is available at 39 Gay Street for consideration.
What amenities are nearby?
The property is within walking distance to shops, transport, and all town amenities, including the new residential estate Amberfields.
Are there any restrictions or approvals needed for development?
Development would require compliance with local council regulations and zoning laws; potential buyers should conduct due diligence regarding approvals.
What is the condition of the existing buildings?
Details on the condition of the current structures are not specified; prospective buyers should arrange inspections for comprehensive assessment.
Are there any hidden costs or upcoming maintenance expenses associated with the property? What are the zoning restrictions and are there any planned changes to local planning regulations? Are there any easements, covenants, or restrictions affecting development or use? Has the property been affected by flooding, bushfire risks, or other environmental hazards? Are there any ongoing or planned nearby construction projects that could impact the property? Is the property compliant with all building codes and safety standards? Are there any strata or body corporate considerations if applicable? What are the details regarding existing tenancies and lease agreements? Are there any known issues with the property's infrastructure or services? What are the long-term plans for the surrounding area that could influence property value?

73-77 Witt Street, Benalla, Vic 3672 - More Details

$700,000

Type
House
Bedrooms
7
Bathrooms
3
Area
3,063 m²

Price guide

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