25 Short Street, Kangaroo Flat VIC 3555

Large flat block | dual-use zoning | massive powered shed | high buyer optionality The property’s primary competitive strength lies in its unusually large, flat 1,493m² allotment combined with a 520m² main house and a separately fenced, fully equipped powered shed that includes its own bathroom, kitchen, and laundry. This configuration effectively delivers two independent living or working zones on one title, which is rare in a General Residential and Commercial zone. For a buyer seeking multigenerational accommodation, a home-based business, or significant storage and workshop space, the property offers immediate functional separation without the cost of subdivision. The 30-metre frontage and absence of bushfire, flood, or heritage overlays further reduce due diligence risk. The main risk is the original kitchen and single central bathroom, which may require updating to meet contemporary expectations and could limit appeal to a narrower buyer pool. The price estimates span a wide range, reflecting market uncertainty around how to value the outbuilding infrastructure, so a buyer should commission a building inspection of both structures and confirm the commercial zoning’s permissibility for intended uses. The rental yield of 4.1% is moderate for the area, but the property’s flexibility supports either a hold strategy for capital growth in a suburb with 9% annual appreciation or a staged renovation to lift the main house to match the shed’s standard.