51 Baillie Street, Horsham VIC 3400

Flood overlay present | 734sqm land in GRZ | 1970 brick home | Broad buyer appeal The property occupies a generous 734sqm block within a General Residential Zone, a configuration that is increasingly uncommon in established Horsham suburbs. The 1970 brick construction is solid and well-presented, with gas heating and undercover entertaining offering functional comfort. This combination of land size, zoning, and condition positions the house strongly for first-home buyers, downsizers, or investors seeking a long-hold addition to a portfolio. The flood overlay is the principal risk and must be investigated thoroughly; it affects insurance premiums and may restrict certain future modifications. However, the overlay does not automatically preclude sensible occupancy, and if the site proves insurable at reasonable cost, the discount implied by the market becomes an opportunity. Parking is stated as one space with rear yard access, adequate for most owner-occupiers but possibly limiting for high-yield rentals.