27-29 Canterbury Way

Churchill VIC 3842

3.14 ac.

House

Currently for sale - view listing

Overview

Higher Rental Yield with Further Development Opportunities!!

RIC REALTY GROUP proud to present you this house with multiple opportunities situated on a sprawling over 3.14 Acres residential block. With its spacious layout, its offering main house (5 BR), separate mancave area bungalow with 2 bedrooms/kitchen/bath/double garage. It is a great opportunity for developers & investors to lease the existing house and develop the balance land. This prestigious living style property has been designed for multiple occupancies within a resort style designed environment, surrounded by every convenience including Churchill town centre, Woolworths, Federation university, Churchill leisure centre, Monash way, Princes Freeway and more. This property offerings below features: • Size – 3.14 Acres • GRZ – General Residential Zone • NDA: 100% • Improvements: Double storey house with separated Bungalow • Yield: Retain the existing double storey house further 16 lots can be created (STCA) • Next to existing residential. • Services on property • Total 17 Lots can be created including retaining the existing double storey house (STCA) • 2 Separate Dwellings on 1 property - Main House and Bungalow • Suitable for investors - Earn Rent from two Dwellings • Suitable for developers for sub-divisions Main House: • 5 Bedrooms • Upstairs Master bedroom with ensuite & WIR • 4 Bedrooms with walk in robe • Separate central bathroom • Separate powder room • Dinning & Living area • Kitchen with walk in pantry Second House / Bungalow (mancave Area): • 2 Bedrooms upstairs • Kitchen • Bathroom & toilet • Living area • Double Garage Other key features: • Land Size: 3.14 Acres • Zoning: GRZ • Potential for Higher Rental Yield • Potential for further sub-division with keeping existing house (STCA) • Within 2 KM from Library, Medical Centre, Woolworths Shopping Centre • 1.9 KM from Churchill Leisure Centre • 2.1 KM from Federation University & Golf club • 12 KM from Morwell • 20 KM from Traralgon • 60 KM from Warragul • 100KM from Pakenham For further inquiries & book an Inspection/appointment, please contact Alap Patel on 0475 200 506 or Ajay Pal on 0432 611 864. Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist. Disclaimer: In preparing this information, RIC REALTY GROUP and its members has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate.