89 Kennedy Street, Euroa, Vic 3666

House
Type
5
Bedrooms
1
Bathrooms
2
Parkings

Last updated on Friday, April 24, 2026 ( See property details for 89 Kennedy Street, Euroa, Vic 3666)

AUCTION ESP: $550,000 - $590,000

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

A rare, development-ready 4,808m² block in Euroa offering immediate income and flexible options for visionary investors and developers.

🏡 Property Highlights

  • Substantial 4,808m² land holding with versatile dimensions
  • Currently tenanted with a functional 2-bedroom home for immediate income
  • Development-ready site with existing drafted plans and clear re-approval pathway
  • Flexible footprint allowing retention of the existing dwelling or complete site clearance
  • Strategic location ideal for high-yield subdivision or multi-unit development
  • Reduced due diligence timeline with pre-drafted site plans and stable planning scheme

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
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89 Kennedy Street
Euroa, VIC 3666
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Vertical aerial view — 89 Kennedy Street
89 Kennedy Street — Vertical Aerial  •  Euroa, VIC 3666  •  Nearmap © 2026

Euroa is a vibrant regional town offering a strong community atmosphere, excellent local amenities, and strategic connectivity to major centres. Its expanding infrastructure and development potential make it an attractive choice for investors and families alike. The area boasts a mix of heritage charm and modern growth, with ample green spaces and a welcoming environment. Euroa’s consistent planning scheme provides certainty for future projects, making it an ideal location for land banking or high-yield development. Enjoy a relaxed lifestyle with convenient access to schools, shopping, and outdoor recreation.

What is the current condition of the existing dwelling on the property?
The existing dwelling is a functional 2-bedroom home currently tenanted, providing immediate income while planning your development.
Are there any restrictions or covenants on the land?
The property is development-ready with existing drafted plans and a clear pathway for re-approval under the current shire planning scheme, which remains unchanged.
What are the potential uses for this land?
The land can be subdivided, used for multi-unit complexes, or other specialty projects, offering versatile development options.
Is there any existing infrastructure or services on the site?
Details regarding infrastructure and services are not specified; potential buyers should conduct due diligence regarding connections and utilities.
What is the zoning classification of the property?
The property falls under the local shire planning scheme, which remains unchanged, providing certainty for future development.
Are there any hidden costs associated with subdivision or development approvals? Has the property been surveyed recently to confirm boundary lines and land dimensions? Are there any easements, covenants, or zoning restrictions that could impact development plans? Is the property located in a flood-prone or bushfire risk area? Are there any upcoming planning or infrastructure projects in the vicinity that could affect the property’s value or development potential? What are the council’s specific requirements or conditions for re-approving the development plans? Are there any existing or planned community or environmental restrictions affecting the site? Has a recent pest or building inspection been conducted on the existing dwelling? Are there any strata or body corporate considerations if the land is subdivided? What are the current market conditions and projected growth trends in Euroa?

89 Kennedy Street, Euroa, Vic 3666 - More Details

AUCTION ESP: $550,000 - $590,000

The Ultimate Blank Canvas for Visionary Developers Unlock the potential of this expansive 4,808m² block, perfectly positioned for high-yield development. Whether you are looking to subdivide, create a multi-unit complex, or execute a specialty project, this site offers the rare combination of immediate scale and strategic cash flow.

Key Highlights:
• Substantial Land Holding: A rare 4,808m² allotment with versatile dimensions.
• Immediate Holding Income: Currently tenanted with a functional 2-bedroom home, allowing you to offset carrying costs while finalizing your vision and permits.
• Development Ready: Previous site plans have been drafted. As the local shire planning scheme remains unchanged, the pathway to re-approval is exceptionally clear.
• Flexible Footprint: Retain the existing dwelling for long-term land banking or clear the site to utilize every square meter of this massive block.

Why This Site?

In a market where "shovel-ready" land is dwindling, this property stands out. The heavy lifting regarding preliminary planning research has already been done, significantly reducing your due diligence timeline.

Investor Note: This is a "set and forget" asset for land bankers or a high-velocity project for active developers. The shire's consistent planning scheme offers a level of certainty rarely found in today's shifting regulatory landscape.


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Type
House
Bedrooms
5
Bathrooms
1
Parkings
2

Price guide

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