15 Belmar St

Cranbourne VIC 3977

604 m²

House

Currently for sale - view listing

Overview

An Exceptional Opportunity with Approved Development Potential

Located in one of Cranbourne's most sought-after pockets, 15 Belmar Street presents a versatile opportunity for savvy investors and growing families alike. This charming three-bedroom residence is situated on a generous 604m² (approx.) allotment, offering immediate rental income and significant future upside. The property currently features a well-maintained home with a reliable long-term tenant in place, making it an ideal "set and forget" addition to a property portfolio. For those looking to maximize value, the property comes with the standout advantage of approved plans for a second dwelling, allowing for a dual-occupancy development that can significantly increase the yield and equity of the site. Whether you are looking to secure your first home in a high-growth suburb or seeking a development project with the hard work of planning already done, this property offers a rare combination of stability and potential. Key Features: - Property Type: 3-Bedroom, 1-Bathroom House. - Parking: Ample space with accommodation for up to 3 cars. - Land Size: Substantial 604 m² block. - Development Ready: Comes with Council Approved Plans for a second dwelling at the rear. - Investment Potential: Currently tenanted with a "great tenant," providing immediate rental returns. - Prime Location: Situated in a highly sought-after area of Cranbourne, close to local amenities, schools, and transport. - Versatility: Perfect for investors looking to sub-divide, or families wanting a large block with future options. PLEASE NOTE: **The property is currently under a periodic tenancy** **Images used in this marketing campaign were taken during the property's previous campaign in 2021 and may show different staging or minor cosmetic changes. Buyers are advised to conduct their own inspection to confirm current condition.** **Privacy** Your entry to this property provides consent to the collection and use of personal information for security purposes. It may also be used to provide you with further information about the property, other properties and services marketed by Casey Estate Agents. Please advise our consultant if you do not wish to receive further information. Our full privacy statement is available at our office or online at www.caseyestateagents.melbourne. This is an advertising brochure only. Casey Estate Agents has prepared this brochure to the instructions of the vendor in order to advertise the property. We have not verified the accuracy of the information contained within. You should not rely on this brochure as proof of the facts stated. You should independently verify the matters stated in this brochure before making your decision to purchase. Casey Estate Agents accepts no liability or responsibility for claims arising from a reliance of the information herewith.