7 Socrates Way

Rockbank VIC 3335

680 m²

House

Currently for sale - view listing

Overview

THE PERFECT CORNER HOLDING Approximately 680M² WITH DEVELOPMENT POTENTIAL

Its Addressed: An exceptional opportunity to secure a substantial approx. 680m² corner landholding with two street frontages in the established heart of Rockbank, an increasingly rare proposition in this tightly held pocket. Offering outstanding opportunities for developers, investors and astute property buyers, the site presents exciting potential to explore the development potential that this property offers. The site offers the opportunity to subdivide and create a second Lot to the rear with its own street frontage to Adrian Court. The corner position further enhances the property's development credentials, providing a compelling opportunity to unlock additional value while potentially retaining the existing home. The existing brick veneer residence has been recently refreshed and provides immediate accommodation or rental potential while future plans are considered. The home comprises three bedrooms with built-in robes, an impressive sunken lounge with exposed beam ceilings, a generous kitchen with abundant storage, separate dining area, central bathroom and separate toilet. Recently repainted, new carpets and blinds, the residence also features a gas fireplace and split-system heating and cooling. Externally, an extra-large powered workshop/garage provides excellent versatility and Colorbond fencing providing privacy and security around the whole of the property. Investment & Development Highlights:- -Substantial Approx 680m² corner allotment -Highly desirable dual street frontage -Potential rear development opportunity (STCA) -Opportunity to potentially retain the existing dwelling while developing the rear (STCA) -The existing property offers a three-bedroom brick veneer residence -Recently repainted, new carpets and blinds -Large sunken lounge with exposed beam ceilings -Generous kitchen with abundant storage -Gas fireplace plus split-system heating and cooling -Extra-large powered workshop/garage -Further scope to renovate or extend the existing residence (STCA) -Ideal proposition for developers, investors and builders. A strategic property holding offering immediate utility, multiple future pathways and genuine value-add potential. Opportunities of this scale, with a corner position and dual street frontage in established Rockbank are very rare. Secure today as a development site, investment, or land-bank for tomorrow. Note: Every care has been taken to verify the accuracy of the details in this advertisement, including the information provided in the Property Price Statement (PPS). However, we cannot guarantee its correctness. Prospective purchasers are advised to make their own enquiries and satisfy themselves as to the accuracy of all information relating to the property. View the Due Diligence Checklist here: [http://www.consumer.vic.gov.au/duediligencechecklist](http://www.consumer.vic.gov.au/duediligencechecklist)