{"Slug":"house-125-rail-street-heathcote-junction-vic-3758-2","CanonicalUrl":"https://realsearch.com.au/house-125-rail-street-heathcote-junction-vic-3758-2","Address":"125 Rail Street, Heathcote Junction, VIC, 3758","Suburb":"Heathcote Junction","State":"VIC","Postcode":"3758","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"Perfectly positioned in a sought-after location, this expansive 2,103 sqm property presents an incredible opportunity for renovators, builders, investors, or those wanting a prime block close to town conveniences. The early-1900s two-bedroom, one-bathroom cottage sits proudly at the front, showcasing charming original features including timber floorboards, soaring 10-foot ceilings, double-glazed windows, a cosy lounge with wood heater, and a kitchen with open fireplace. Solar panels and a single carport are already in place.\nThe cottage is in very poor condition, requires restumping, and has visible previous termite damage, offering the choice to undertake a full renovation or demolish and build your dream residence (STCA).\nAdding exceptional value is the separate two-bedroom, one-bathroom unit at the rear, currently leased to a long-term tenant at $250 per week (lease expiry 8/26). This unit includes split-system heating and cooling, front verandah, carport, and provides an immediate income stream.\nMagnificent established gardens surround the property, with full fencing and a 5m x 7m shed included.\nLocated just a 2-minute walk to the train station (approx. 50 minutes to the Melbourne CBD), and only a 5-minute drive to local schools and the shopping centre, this is a unique chance to secure a large parcel in a premium position with endless potential: build new, renovate the original home, or enjoy dual rental.\nPlease contact Gavin Henderson on 0408 359 764 if you have any queries.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$550,000 - $605,000"},"Bedrooms":"2","Bathrooms":"2","Parking":"2","Features":[{"Name":"Bedrooms","Value":"2"},{"Name":"Bathrooms","Value":"2"},{"Name":"Carports","Value":"2"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.37308962,"Longitude":145.02958592,"Agent":null,"Agency":{"Name":"LJ Hooker Broadford | Kilmore | Wallan","CanonicalUrl":"https://realsearch.com.au/agency/lj-hooker-broadford-kilmore-wallan"},"CreatedAt":"2026-04-02T09:31:43.2147165","UpdatedAt":"2026-04-02T09:31:43.4868522"}