1 & 2/41 Narcissus Avenue, Boronia, VIC, 3155 - Apartment Sold on 16 01 2026

SoldJan 16, 2026

1 & 2/41 Narcissus Avenue, Boronia, VIC, 3155

$1,000,000

1063 m²

Apartment

•

30+ days on the market

Sold: Jan 16, 2026

What's around 1 & 2/41 Narcissus Avenue

DUAL UNIT OPPORTUNITY ON ONE TITLE INVESTMENT, FAMILY LIVING OR REDEVELOPMENT (STCA)

Set on a generous 1,063sqm (approx.) allotment, this unique property offers two self-contained units on a single title, presenting an exciting opportunity for investors, extended families, or developers (STCA). Unit 1 features: 2 bedrooms, 1 bathroom Light-filled lounge room Separate laundry Handy study nook Unit 2 offers: 1 bedroom, 1 bathroom Two spacious living areas Separate laundry Undercover rear entertaining deck Both units include car accommodation, good-sized rear yards, and small storage sheds. Built in the late 1960s/early 1970s, the units are in largely original condition and would benefit from renovation or modernisation, providing scope to significantly increase rental returns. Currently leased on month-to-month agreements, the property generates a combined rental income of $36,400 per annum, with potential to achieve around $46,800 per annum (approx.) after refurbishment. Highlights: Two units on one title rare opportunity Land size: 1,063sqm (approx.) Flexible options: investment, multi-generational living or redevelopment (STCA) Convenient Boronia location close to shops, schools, parks and transport Whether you're looking to invest, accommodate extended family, or explore redevelopment possibilities, this property offers outstanding versatility and potential.