14 Richard Rd

Melton South VIC 3338

585 m²

House

Currently for sale - view listing

Overview

!!High-Yield Investment Opportunity with Strong Subdivision Potential & Immediate Rental Return!

14 Richard Road, Melton South VIC is a fantastic opportunity positioned on a generous block in a highly convenient and fast-growing location. Offering 3 bedrooms, 1 bathroom, and accommodation for up to 3 cars, this property is well suited to investors, developers, or buyers looking for strong future potential. Set on a large allotment with subdivision potential (STCA), the property presents excellent long-term upside. It is already leased to tenants, providing immediate rental income from settlement, making it an attractive, low-maintenance investment option in an established rental market. The home features a practical layout including a functional kitchen, separate laundry, and a comfortable living area that flows out to an alfresco space, ideal for outdoor entertaining. The spacious backyard further enhances the appeal, offering plenty of room for families, pets, or future development possibilities. Positioned in a prime location, the property is within close proximity to Melton South Train Station, local schools, freeway access, and a full range of shops and amenities. With strong demand in the area and excellent connectivity, this property combines immediate returns with outstanding future growth potential. For further information or to arrange an inspection, please contact: Ajay Sharma 0469 709 826 Eland Real Estate Disclaimer: All information provided has been prepared with care; however, no guarantee is given as to its accuracy. Interested parties should make their own enquiries and rely on their own investigations. Images may include digitally enhanced elements for presentation purposes.