Consider the many options this 1,500sqm (approx.) allotment presently featuring four two-bedroom units, offers to the savvy investor or developer.
With the changes already seen in the City of Whitehorse, look at plans for multiple townhouses or apartments (STCA), or simply land bank with capital growth increasing annually whilst getting an ongoing income from the existing tenants.
- Large double block of 1539sqm (approx.)
- General Residential Zone 1 (GRZ1)
- Within Box Hill High School and Laburnum Primary zones
- A short walk to both Box Hill and Laburnum Train Stations plus multiple bus routes
- Outstanding surrounding amenities include Box Hill Central and strip shopping, Box Hill City
Oval, Box Hill Hospital with easy access to the Melbourne CBD
- Solid income stream from the four, two bedroom units until you get your plans done
This blue-chip residential location showcases many successful surrounding projects and reflects the strong demand for higher density developments in this area.
*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.
Inspect by pre-registration only, attendance limits are capped and all attendees must be pre-registered, please contact the agent to secure your spot
