Develop, invest, landbank, this is a two for one deal with multiple possibilities! Comprising two separately tenanted dwellings, this expansive approx. 7,857sqft/730sqm corner property offers a breadth of possibilities with a current total return of $2730pcm approx. offering an excellent yield for the long term or throughout a planning process.
Configured as a two storey four bedroom home with lounge and dining beside a wooden kitchen and 2 bathrooms (spa ensuite to main), plus a one bedroom unit attached to the rear with separate access via Alison Street. These comfortable homes offer ready rentability with good proportions and neat amenity areas, there's also excellent scope to renovate and reap the rewards of this well laid-out property. Alternatively start again on this prime parcel of land and develop with multiple new homes to maximise dollar per square metre yield (Subject to Council Approval).
Located in the Mount Waverley Secondary School Zone (STSA), within easy walk to Village shops and train station.
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Frankie Jayne : 0439 328 457
