In Progress Subdivision with Dual-Income Potential on 567m²* Corner Block
Subdivision in progress with plans and permits, this 567m²* corner allotment presents a rare opportunity to secure a property with genuine future upside. Designed to create two separately titled lots with no shared land, the site offers flexibility for homeowners and investors looking to generate additional income or build equity over time.
The existing home is well maintained and comfortable to live in now, while the approved rear dwelling provides a clear pathway to add value when the timing suits.
Property Features:
• 567m²* corner block with subdivision underway
• Plans and permits for a three-bedroom, two-bathroom rear unit
• Two future titles of approximately 325m²* and 242m²*
• Separate driveways with no shared land between dwellings
• Existing three-bedroom, one-bathroom home
• Functional kitchen with dishwasher
• Gas heating and air conditioning
• Long gated driveway with ample off-street parking
• Secure shedding and pergola
• Large concreted rear area suitable for future construction
• Estimated combined rental return of approximately $800-$900 per week once both dwellings are complete
Location Highlights:
• Approximately 2km to Werribee CBD
• Approximately 2km to Harpley Town Centre
• Close to Eagle Stadium
• Near Thomas Chirnside Primary School and Iramoo Primary School
• Close to IGA Wyndham Vale
• Convenient access to public transport
Approved corner subdivisions with no shared land are increasingly difficult to secure. This is an opportunity to move in now while retaining the ability to unlock a second dwelling and additional income in the future.
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Simon Hoare
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