A prime opportunity awaits! This parcel of land within the Highly sough-after Residential Growth Zone Schedule 1 (RGZ1), offers outstanding potential to create multi-unit/townhouse developments, or build your dream home (STCA) right within Box Hill’s heartland. A great renovation opportunity for families.
Take a 5-minute stroll to Box Hill station, Box Hill Central Shopping Centre, cafes and restaurants. A short drive will take you to Box Hill TAFE, Box Hill Hospital, Box Hill High as well as excellent private schools and sporting amenities.
Alternatively, the existing site offers solid investment opportunities, renovators will be excited by the potential offered by this pretty home.
North-facing backyard
Multiple living Zones
A charming two-bedroom house at the front with current rental fee at $520/week
A one-bedroom unit at the back with current rental fee at $350/week
a combined current rental income of $45,364 p.a., rented immediately after vacancy, high demand.
Front house features include: - 2 decently sized bedrooms with built in robes - large lounge with recently replaced wall to wall carpet and ducted heating – air conditioner. Modern kitchen with gas cooktop, electric oven and dishwasher.
Back unit features include: - 1 bedroom with ensuite - Separate lounge, kitchen and laundry
An easy walk to the hospital precinct, TAFE, city-bound train, tram to elite private schools and buses to Deakin and Monash Universities, zoned for Box Hill High School and close to Aqualink, Kingswood College and Our Lady of Sion College.
*Please Note* Buxton Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property.
