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Back 68 Grieve Parade
Off Market

68 Grieve Parade

Altona VIC 3018

8
4
4
1013 m²
Block of units
Last sold for $1,400,000
Paul TsigeridisPaul Tsigeridis, last sold this property on 21 January 2025 after 278 days on market.

Overview

Investment Opportunity: Prime Development Site with Secure Leased Units

Unlock the potential of a 1,013m² land parcel with 4 units. This is your golden ticket to real estate success! This large 1,013m2 land block in a desirable location offers a unique opportunity for investors and developers. This property features 8 bedrooms, 4 bathrooms, and 4 car spaces across 4 leased units, offering instant income potential. Conveniently located just steps from bus transport at Civic Parade, Pier Street shops, cafés, Cherry Lake Reserve, and Altona Beach, this area offers an ideal lifestyle. Each unit offers a comfortable 2-bedroom, 1-bathroom, 1-car space layout, fetching attractive rental returns ranging from $320 to $325 per week. Visionary developers take the opportunity to transform this approximately 1,013m² space into a custom masterpiece (subject to council approval). Located just 220 meters from Altona College, this property offers a great opportunity due to high demand for new homes in the area. This property provides endless opportunities for both investors looking for quick returns and developers with big dreams. Don't miss out on this unparalleled investment opportunity!

Features

8 bedrooms
4 bathrooms
4 carspaces
4 open car spaces
1013 m² lot size
Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Altona over the last 12 months.

Property history for 68 Grieve Parade

2025
Sold
$1,400,000
Private Sale/Treaty on 21 Jan 2025 by Paul Tsigeridis, of Ray White Laverton

Happy sellers in Altona

87%
87% of sellers in Altona reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 57 reviews in Altona over the last 12 months.

Local market activity for 8 bedroom block of units in Altona

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Altona

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Anthony Molinia

Anthony Molinia is an award winning recommended agent for Altona.  They have 39 local sales and collected 18 local reviews across the last 12 months.

  •   4.9   (314 reviews)
  •  18 Reviews in Altona
  •  39 Sales in Altona
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Olivia Revez

Olivia Revez is a recommended agent for Altona.  They have 2 local sales and collected 12 local reviews across the last 12 months.

  •   5   (30 reviews)
  •  12 Reviews in Altona
  •  2 Sales in Altona
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Eric Mancini

Eric Mancini is an award winning recommended agent for Altona.  They have 18 local sales and collected 13 local reviews across the last 12 months.

  •   4.9   (253 reviews)
  •  13 Reviews in Altona
  •  18 Sales in Altona
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Julian Montebello

Julian Montebello is a recommended agent for Altona.  They have 12 local sales and collected 10 local reviews across the last 12 months.

  •   4.9   (157 reviews)
  •  10 Reviews in Altona
  •  12 Sales in Altona
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