Positioned in a tightly held Coburg pocket, this property presents a clear value-add proposition for builders, developers and buyers seeking a project with upside. Set on a rectangular allotment of approximately 427m², the fundamentals are strong for either a full-scale renovation or a complete knockdown and redevelopment, subject to council approval.
The existing dwelling is in original condition and requires significant works. For the right buyer, this is an opportunity to unlock value through a comprehensive transformation or start fresh and capitalise on the land dimensions and location.
Key highlights
• Land size: 427m² (approx.)
• Frontage: 14.02m (approx.)
• Depth: 30.48m (approx.)
• Rectangular allotment suited to redevelopment
• Potential for new home or dual occupancy (STCA)
• Established residential street with strong surrounding amenity
Located within close proximity to Sydney Road precinct, public transport, schools and parklands, the property benefits from strong lifestyle appeal and ongoing buyer demand in the Coburg market.
This is a strategic acquisition for those looking to build equity through development or create a bespoke residence in a proven growth corridor.
Inspection by appointment or as advertised.
Property ID: #L40038130
