A smart, ready-to-go development opportunity where the heavy lifting has already been completed, with approved plans for 2x side-by-side residences allowing you to bypass the delays of town planning. Each home is designed with strong end-buyer appeal, offering 4 bedrooms, 3 bathrooms, 2 living zones, plus street frontage and no body corporate for maximum resale flexibility. Sitting on approx. 466sqm with a wide 23m frontage and elevated to capture district views, the site is primed for a high-quality outcome. The existing brick home provides immediate holding income, while the location delivers on all fronts with quality school zoning and easy access to Pascoe Vale Village and transport links.
THE UNDENIABLE
• Approved plans & permits for 2x side by side's
• 22sq each new dwelling approx.
• Each dwelling comprises 4 beds, 3 baths, 2 living zones & separate driveways
• A detailed information memorandum & plans available upon request
• Currently tenanted month by month: $2500 p/mth approx.
THE HOUSE
• Brick corner house
• Built-in 1970s approx.
• Land size of 469m2 approx.
• Building size of 16sq approx.
• Foundation: Stumps
• Kitchen with S/S appliances including a dishwasher, stone benchtops, breakfast/island bench, ample cupboard space
• Sizeable meals & living zone
• 3-Bedrooms, 1 with BIR
• 1-Bathroom with shower, bathtub, single vanity, toilet & tiled flooring
• Laundry with single trough
• Established gardens with a backyard, trees, garden beds & lawns
• Carport, plus driveway for additional parking
• Zoned Under the City of Merri-bek - General Residential Zone
THE LOCAL SPOTS
• EAT & DRINK: N'Joy Café, Jack & Daisy, Pasco Espresso, Pascoe Vale Hotel
• SHOPS: Coburg North Village (Coles), Gaffney St, Cumberland Rd, Bell St, Railway Pde
• MEDICAL: Century Health Care, Pascoe Vale General Practice
• PARKS: Raeburn Reserve, Harmony Park, Pascoe Swim Centre
• SCHOOLS: Strathmore Secondary, Pascoe Vale PS, Coburg Nth PS, Treetop Early Learning
• TRANSPORT: Oak Park & Pascoe Vale Train, Gaffney St & Cumberland Rd Bus Stop
THE CLINCHER
• Zoned to Strathmore Secondary College, because school zones still matter & this one delivers
• A solid home with plans & permits in place
THE TERMS:
• Deposit of 10%
• Settlement of 30/45/60 days
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*All information about the property has been provided to C+M Residential by third parties. C+M prides itself on being accurate, however, has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own inquiries in relation to this property.
Claudio Cuomo: 0419 315 396
John Nguyen: 0433 928 979
Matthew Haskian: 0431 686 495
