This is not just an average opportunity to reap rewards from this investment but rather a premium one!
The existing home is solid and offers an excellent current rental return from long term tenants. Featuring a formal lounge, 3 bedrooms, BIR's serviced by a central bathroom, kitchen/ meals has modern appliances. Outside a double garage/storage completes the picture.
This large parcel of land with a 20 meter ( approx ) frontage boasts many options. Due to the perfect positioning of the home presenting ample side access, the savvy investor could retain the dwelling and then construct a rear multi unit development (s.t.c.a.) Other options could be to plan and obtain a substantial development permit while maintaining an income from the home.(s.t.c.a.). Finally the home may also suit those looking for a potential Business opportunity , ideally Allied Health or other profession due to excellent main road exposure . (s.t.c.a.)
Just a few minutes walk to all township amenities including Aquatic Centre, Metro/V-Line, central shopping, cafes/restaurants and other facilities.More information available upon request.
Terms may be negotiable.
