36 Panmure Street

Newstead VIC 3462

Once upon a time, a quaint cottage stood proudly, surrounded by stately trees on a level 753 sqm block in leafy Panmure Street. Sadly, the years haven't been kind to this little home. Today what stands before you is a wreck. Significantly more than a renovator's delight, the timbers are rotten, the beams unsteady, foundations almost no existent and the roof leaks and sags. There's power and water, sewerage is available but never been connected. With two bedrooms, living/dining room boasting a central fireplace, kitchen, combined bathroom/laundry and front and rear verandahs, the once pretty little cottage might now be Newstead's best example of opportunity! Affordably priced and with an existing dwelling in place, the prospect exists for you to embark on a ground-up rebuild or demolish and build within the footprint, extending as desired STCA to achieve your dream home and relaxed, country lifestyle. Newstead's primary school, pub, IGA, swimming pool and the beautiful Loddon River are all within walking distance. Castlemaine and Maldon are both 15 minutes away; Daylesford 30 minutes and Melbourne is an easy 90 minutes down the Calder or via fast train from Castlemaine. The block is beautiful, the location is beautiful and the potential unlimited. You've found your perfect match.