Harcourts real estate is excited to showcase this incredible opportunity. Properties like this only come to the market once every few years and they typically don't last very long. This 4 bedroom home is situated on a massive 1412m2 rectangular block with the ability to subdivide (STCA) and positioned minutes away from the local shops and public transport.
This property features:
- Rectangular 1412m2 block with ability to build 6 townhouses (STCA)
- 4 bedrooms with BIR's
- Ducted heating and evaporative cooling
- Hybrid floorboards
Additional features include tiled wet areas, gas cooking, stainless steel appliances, 4KW solar panels, caeser stone benchtops, hybrid floorboards, canopy fireplace in lounge room, open fireplace in second lounge, ramp leading up to front door, plenty of storage throughout, large area underneath house for additional storage and much more!
This incredible 1412m2 block has a 32 metre frontage and would be perfect to build 6 units/townhouses (STCA). Located opposite the Hallam primary and secondary school, local bus routes directly out front and only a 5 minute walk to the Hallam spring square shops which has all of your amenities. We are very close to both the Monash freeway and Princes highway along with a short 3 minute drive to Fountain gate shopping centre and 10 minutes to Dandenong plaza. Hallam's train station has been newly upgraded in the past 12 months and is only a short 3 minute drive away.
This property has been maintained very well by the current owners and they have made numerous renovations to keep the home in the best condition possible. From the updated kitchen to the newly improved laundry area, you can simply move into this home or get tenants in without having to spend any money, there are many reasons this home will impress you. The potential rental income for a home like this would be $2,166 per calendar month.
If you are interested to find out how much a townhouse or unit would sell for once built, get in contact with Patrick so he can send you through a valuation based on recent comparable sales in the area. Blocks like this don't come up very often so if you're interested, get in contact with Patrick before it is sold!
Property ID: #L20505731
