392 Blackshaws Road, Altona North, VIC, 3025

For Sale

392 Blackshaws Road, Altona North, VIC, 3025

$1,100,000 - $1,200,000

House

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1 day on the market

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What's around 392 Blackshaws Road

Approved Plans for Two Double-Storey Dwellings on 654m² (Approx.) - Exceptional Development Opportunity

Positioned in one of Altona North's most convenient and highly sought-after locations, 392 Blackshaws Road presents an outstanding opportunity for developers, investors and savvy buyers looking to secure a property with approved plans and permits already in place. Set on a generous 654m² (approx.) allotment, this property comes with approved plans for two contemporary double-storey dwellings, allowing you to fast-track your next project and save valuable time and holding costs. The existing home is currently tenanted at $1,800 per calendar month, providing an immediate rental income while you finalise your future plans. Existing Home Features: • Five spacious bedrooms • Functional kitchen with ample cupboard space • Central bathroom with separate toilet • Separate laundry • Low-maintenance front and rear yards • Currently leased at $1,800 PCM Approved Development Includes: Dwelling 1 (Approx 30Sq) • Five bedrooms • Two ensuites plus a central bathroom • Additional powder room • Master bedroom with his & her walk-in robes • Two separate living areas + Study or upstairs retreat • Single garage plus an additional driveway car space Dwelling 2 (Approx 30Sq) • Five spacious bedrooms • Master suite with ensuite and his & her walk-in robe • Second bedroom with its own ensuite • Central bathroom plus an additional powder room • Two separate living areas + Study or upstairs retreat • Single garage with an additional driveway car space Endless Possibilities: • Retain the existing home and enjoy rental income while building later. • Demolish and construct two modern double-storey residences. • Build and create a high-performing investment portfolio. • Live in one residence and rent out the other. • Sell one, retain one, or sell both upon completion Conveniently located within easy reach of Emmanuel College, Altona North Primary School, Borrack Square Shopping Centre, Millers Junction Shopping Centre, parks, public transport and easy freeway access to Melbourne CBD, this is a rare opportunity to secure a site with the hard work already done. Opportunities with approved plans in such a prime location are becoming increasingly rare. Enquire today and take advantage of this outstanding development opportunity. Don't miss your chance to secure this versatile property in a sought-after blue-chip location (PHOTO ID REQUIRED AT INSPECTIONS) ACE TEAM welcomes you and looks forward to meeting you at the inspections. NOTE: Link for Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist Disclaimer: All Dimensions, Sizes & Layout are approximately. The producer or agent cannot be held responsible for any errors, omissions or misstatements. The plan & pics are for Illustrative purposes only & should be used as such. PLEASE NOTE: Open for inspection times and property availability is subject to change or cancellation without notice. Please check with the agent or online on the day of Inspection