If you are an investor searching for your next promising venture, this property presents a fantastic opportunity. Boasting a generous 804 square meter land parcel with a 17-meter frontage, this site stands out as an ideal investment in a highly desirable, family-friendly neighbourhood.
Property Overview
This three-bedroom home providing a stable rental income making it an attractive, low-maintenance asset for investors. The property offers significant future development potential, with an approved permit to subdivide the land into two side-by-side houses suitable for NDIS or shared living arrangements.
Key Features
Approved permit for subdivision (2 side-by-side NDIS houses or shared living)
3- bedrooms Current rental income of $2,000 per month
Central bathroom
Open-plan living and dining area, equipped with split system heating and cooling for
year-round comfort
Large 804 sq m land with a wide 17-meter frontage
Approved permit for subdivision (2 side-by-side NDIS houses or shared living)
Location Benefits
Positioned in a prime location, this property is just five minutes from Broadmeadows Train Station, Broadmeadows Shopping Centre, and Jack Roper Reserve, providing excellent convenience for residents. Easy access to the M80 Ring Road and major arterial routes ensures seamless connectivity to the surrounding areas.
School Zoning and Education
The property is zoned for Meadows Primary School and Glenroy Secondary College, with nearby access to Penola Catholic College and other private schools, making it an excellent choice for families seeking quality education options.
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
