Unlock the investment and development potential with two street frontage units, on one title, on a more than generous 1076m2 (approx.) site in a convenient location attractive to future purchasers. The options are many while the units flaunt mid-century appeal, spacious two- and one-bedroom layouts and large front and rear yards with view to Mt Dandenong.
Nest, invest or develop with immediate income, the option is there to continue to rent out both residences, one with long term tenant, holding on to the property with development in mind down the track. On the other hand, live in one and rent out the other, pursue subdivision of the property and sell one individually or keep one and sell the other. Or alternately remove the lot with the potential of building four to six units.
A lucrative venture for investors and developers in a well-connected community benefitting from proximity to essential amenities including parkland, childcare, Kilsyth and St Richard’s primary schools, Churinga and Kilsyth shopping hubs and public transport through to Croydon and Mooroolbark stations.
Please be aware that all potential subdivision and development options are subject to council approval.
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.