16 Powlett St, Kilmore is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930.
Bradman Real Estate presents an outstanding opportunity to secure a well-located property offering immediate use today and significant upside for tomorrow. Set within a high-demand pocket of Kilmore, this property combines a comfortable existing residence with approved plans and permits for three new dwellings, making it an attractive prospect for developers, investors, or strategic buyers looking to capitalise on future growth.
The current home is neat, functional, and ready to occupy or lease, featuring three bedrooms, a central bathroom, and a generous living area. A well-positioned kitchen services the home, while outdoor features include a rear entertaining balcony, separate garage, shed, and an expansive wrap-around yard. This allows for holding income while planning or progressing the approved redevelopment.
The true value lies in the location and approved potential. Kilmore continues to experience strong buyer and rental demand, underpinned by ongoing commercial expansion, improved infrastructure, and proximity to respected educational facilities. The property is ideally positioned close to schools, shops, healthcare services, and transport links, making future dwellings highly appealing to the local market.
This is a flexible opportunity - live in, lease out, or move forward with a development project that aligns with the area's continued growth and demand.
Key Highlights:
Approved plans and permits for three new dwellings
Existing three-bedroom home suitable for living or leasing
Opportunity to generate holding income while planning redevelopment
Generous wrap-around allotment with excellent site usability
Garage, shed, and outdoor entertaining space
Strong buyer and rental demand for new homes in the area
Location Benefits:
Close to Kilmore town centre, shops, cafs, and essential services
Nearby primary and secondary schools, including highly regarded options
Convenient access to Kilmore Hospital and community facilities
Easy access to the M31 for commuting to Melbourne and surrounding areas
Positioned within a steadily growing regional township
For more information or to arrange a viewing, contact Hardy Singh today.
Disclaimer
Bradman Real Estate has not independently verified any of the information provided herein. We expressly disclaim any representation or warranty as to the accuracy or completeness of the contents of this document, which shall not be deemed to form part of any offer or contract by the recipient. Prospective purchasers are strongly advised to conduct their own due diligence and satisfy themselves regarding the veracity of all information through their own inspections, searches, inquiries, and professional advice. Bradman Real Estate assumes no duty of care towards the recipient concerning the utilization of this information, and all information provided is offered without any responsibility or liability on our part.
The size of Kilmore is approximately 58.0 square kilometres. It has 21 parks covering nearly 2.7% of total area. The population of Kilmore in 2016 was 7958 people. By 2021 the population was 9207 showing a population growth of 15.7% in the area during that time. The predominant age group in Kilmore is 10-19 years. Households in Kilmore are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kilmore work in a trades occupation.In 2021, 75.20% of the homes in Kilmore were owner-occupied compared with 72.10% in 2016.
Kilmore has 5,930 properties. Over the last 5 years, Houses in Kilmore have seen a 18.63% increase in median value, while Units have seen a 27.65% increase. As at 31 March 2026:
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