Set in one of Mulgrave's most convenient pockets, this substantial allotment offers immediate investment appeal with excellent future potential. Whether you are looking to renovate, add value, knock down and rebuild, create a large family home or explore a unit development opportunity, this property provides flexibility for a range of buyers, (STCA)
The existing home offers three well-proportioned bedrooms, with flexibility to create a fourth bedroom if desired. Currently leased to excellent long-term tenants who are happy to remain, it also provides a practical holding income while you plan your next move.
The home would benefit from renovation and TLC, making it well suited to renovators, flippers, investors or buyers looking to improve over time. The generous block also provides scope to extend, build at the rear or start fresh with a complete redevelopment, STCA.
Positioned for outstanding convenience, the property offers easy access to Wellington Secondary College, Monash University, Monash Freeway, EastLink, Waverley Gardens Shopping Centre, Springvale Train Station, local parks, schools and everyday amenities.
- Substantial Mulgrave allotment with future potential
- Existing three-bedroom home with fourth bedroom flexibility
- Currently leased to excellent long-term tenants
- Ideal land banking opportunity with holding income
- Renovation and TLC opportunity for renovators or flippers
- Scope to extend, build at the rear or add value, (STCA)
- Potential knockdown rebuild for a large new family home, (STCA)
- Possible unit development opportunity, (STCA)
- Convenient access to schools, shops, transport and major roads
A flexible Mulgrave opportunity offering land value, holding income, renovation potential and future possibilities in a well-connected location.
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Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.
http://www.consumer.vic.gov.au/duediligencechecklist
