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52 Muriel St

Niddrie VIC 3042

3
1
2
650 m²
House
Currently for sale - view listing

Overview

PRIME DEVELOPMENT OPPORTUNITY - ENDORSED PLANS AND PERMITS READY TO GO

Positioned on an impressive 650m² (approx.) allotment in one of Niddrie's most sought-after pockets, 52 Muriel Street presents an outstanding opportunity for developers, investors and savvy buyers alike. The standout feature is the endorsed plans and permits already in place for the construction of two modern & architectural townhouses, allowing you to bypass the lengthy planning process and commence your project with confidence. Whether you're looking to build immediately or landbank for the future, this is a rare opportunity to secure a genuine turnkey development site. Adding further appeal, the existing three-bedroom home is neat, comfortable and currently rentable, providing the opportunity to generate holding income while you prepare for construction. Superbly located, you'll enjoy the convenience of being just moments from Keilor Road's vibrant cafés, restaurants and shopping precinct, quality schools including St John Bosco Primary School, St Bernard's College and Rosehill Secondary College, local parks and the Steele Creek Trail, with easy access to public transport, Melbourne Airport, CityLink and the CBD. Key Features: 650m² (approx.) level allotment Endorsed plans & permits for 2 townhouses - ready to build Existing home offers immediate rental income while you plan your development Exceptional opportunity for developers, investors or builders Premium Niddrie location close to schools, shopping, transport and freeway access Opportunities that combine immediate income, approved development potential and a blue-chip location are increasingly difficult to find. Secure your next project with confidence at 52 Muriel Street, Niddrie.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
650 m² lot size
House

Property history for 52 Muriel St

2018
Rented
Undisclosed
Leased on 27 Jun 2018 by Raine & Horne Sunbury
2018
Rented
Undisclosed
Leased on 19 Jun 2018 by Raine & Horne Sunbury
2018
Sold
$1,310,000
10 Apr 2018 by Jayden Manno, of Woodards Essendon

Happy sellers in Niddrie

96%
96% of sellers in Niddrie reported that their sale price either exceeded or met their price expectations.

Niddrie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Niddrie over the last 12 months.

Local market activity for 3 bedroom houses in Niddrie

In the last 12 months, 30 three-bedroom houses similar to 52 Muriel St, have been sold.

This represents a 37% increase in three-bedroom houses sales when compared to the previous 12 months.

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