Located in one of Cranbourne's most sought-after pockets, 15 Belmar Street presents a versatile opportunity for savvy investors and growing families alike. This charming three-bedroom residence is situated on a generous 604m² (approx.) allotment, offering immediate rental income and significant future upside.
The property currently features a well-maintained home with a reliable long-term tenant in place, making it an ideal "set and forget" addition to a property portfolio. For those looking to maximize value, the property comes with the standout advantage of approved plans for a second dwelling, allowing for a dual-occupancy development that can significantly increase the yield and equity of the site.
Whether you are looking to secure your first home in a high-growth suburb or seeking a development project with the hard work of planning already done, this property offers a rare combination of stability and potential.
Key Features:
- Property Type: 3-Bedroom, 1-Bathroom House.
- Parking: Ample space with accommodation for up to 3 cars.
- Land Size: Substantial 604 m² block.
- Development Ready: Comes with Council Approved Plans for a second dwelling at the rear.
- Investment Potential: Currently tenanted with a "great tenant," providing immediate rental returns.
- Prime Location: Situated in a highly sought-after area of Cranbourne, close to local amenities, schools, and transport.
- Versatility: Perfect for investors looking to sub-divide, or families wanting a large block with future options.
PLEASE NOTE:
**The property is currently under a periodic tenancy**
**Images used in this marketing campaign were taken during the property's previous campaign in 2021 and may show different staging or minor cosmetic changes. Buyers are advised to conduct their own inspection to confirm current condition.**
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