Harman Singh and Hockingstuart Point Cook are pleased to present an outstanding investment opportunity at 6 Watts Street, Laverton. This property offers great potential as an investment property or future development site (STCA), making it an ideal project for builders, investors, and developers.
Property Overview
The existing residence features a spacious layout, including three well-appointed bedrooms, a central bathroom, and a separate toilet, making it ideal for family living. The generously sized kitchen, equipped with ample storage, seamlessly flows into a bright meals area, while the inviting living room provides a comfortable space for relaxation. A versatile rumpus or sunroom at the rear adds to the home's appeal, complemented by a practical separate laundry. With ducted heating throughout & split air conditioning in living room, the property ensures year-round comfort. Additional highlights include a shed with a workshop, an undercover entertainment area perfect for gatherings, and low-maintenance front and back yard designed for ease of care.
Rental Return
Currently rented at approximately $21,000 per annum,$1,738 monthly(Approx.), providing a solid rental income while you consider future development options.
Development Potential
- The property presents a fantastic opportunity for future development (STCA), allowing buyers to explore various options, including:
- Retaining the existing home for rental income and developing later.
- Initiating construction to expand your rental portfolio.
- Occupying the home while planning future development.
- Exploring the possibility of a multi-unit development.
Prime Location
Situated within close proximity to Laverton Train Station, local shops, parks, schools, childcare facilities, and easy access to major freeways, this property benefits from an enviable location in a rapidly developing area.This is a perfect investment opportunity, offering a smooth pathway to future development. Don't miss your chance to invest in your future. Contact us today for more information and to arrange a viewing!
For more information or to arrange a inspection, please contact Harman Singh - 0413 395 000 and Di Zhu （朱镝）0410 911 167 (Mandarin中文, English)
(Photo ID Required at Inspections)
Important Information:
Due Diligence Checklist:
For your convenience, a Due Diligence Checklist can be accessed [here](http://www.consumer.vic.gov.au/duediligencechecklist).
Disclaimer:
All dimensions, sizes, and layouts are approximate. The producer or agent is not liable for any errors, omissions, or misstatements. Plans and images are for illustrative purposes only.
