Live in, invest, renovate or explore the development potential - this substantial Narre Warren property offers an outstanding combination of land, location, accommodation and future flexibility.
Positioned on a generous approx. 656m² allotment and just moments from Westfield Fountain Gate, 7 Monaro Crescent presents an exciting opportunity for home buyers, growing families, investors and developers seeking a property with genuine space and potential.
The existing residence offers a versatile floorplan comprising four bedrooms, or three bedrooms plus a study, providing comfortable accommodation for families of all sizes.
Multiple living zones add to the appeal, with a large lounge room, separate family area and rumpus room, complemented by a well-appointed kitchen and meals area. Whether you're looking for space for the whole family, entertaining zones or the flexibility to work from home, the floorplan provides plenty of options.
Adding character and warmth throughout the home are polished solid timber floors, while a full bathroom with separate toilet caters to everyday family convenience.
Outside, the generous front and rear yards provide plenty of room for children, pets, gardening or entertaining, with established gardens adding to the home's appeal. A secure lockable shed provides valuable additional storage, while the double carport offers convenient off-street parking.
Exciting Development Potential
The substantial approx. 656m² landholding is undoubtedly one of the property's greatest assets and may provide several avenues for future development, subject to council approval, planning requirements and relevant permits.
Potential options to investigate include:
Subdivision into 2, 3 or potentially 4 lots, subject to demolition of the existing dwelling and all relevant planning and council approvals.
Retaining the existing home and constructing an additional dwelling at the rear, subject to site suitability, planning requirements and council approval.
Alternatively, enjoy the existing residence as a comfortable family home or investment while considering your options for the future.
Buyers are encouraged to make their own enquiries with the relevant authorities regarding development potential, zoning, subdivision requirements and approvals.
Key Features
Approx. 656m² allotment
Approx. 300m to Westfield Fountain Gate
Four bedrooms, or three bedrooms plus study
Spacious lounge room
Separate family area
Rumpus room
Well-appointed kitchen and meals area
Polished solid timber flooring
Full bathroom with separate toilet
Double carport
Generous front and rear yards
Established gardens
Secure lockable shed
Potential for future subdivision/development STCA
Potential to retain the existing dwelling and add a second dwelling STCA
Currently returning approximately $2,477 per month in rental income
Unbeatable Narre Warren Convenience
Location is a major highlight, with Westfield Fountain Gate, Fountain Gate Primary School and Fountain Gate Secondary College all within easy reach.
Narre Warren Train Station, local parks, shops, cafes, restaurants and public transport are also conveniently accessible, while major road connections provide easy access to the Monash Freeway and surrounding suburbs.
Currently returning approximately $2,477 per month, the property also offers an established investment opportunity while retaining the flexibility to become your next family home.
The Opportunity Is Yours
Whether you're looking to live in, invest, renovate, hold or explore future development possibilities, 7 Monaro Crescent offers a compelling combination of land, location, accommodation and potential.
Properties offering this level of land and proximity to Fountain Gate are tightly held and rarely present such a broad range of possibilities.
Inspect today and explore the opportunities this substantial Narre Warren property has to offer.
Note: Photo I.D. is required at all inspections.
Disclaimer: Every precaution has been taken to ensure the accuracy of the above information, but it does not constitute any representation by the vendor or the agent. Prospect purchasers should make their own inquiries to verify the information contained in this document.
