Positioned on an impressive 650m² (approx.) allotment in one of Niddrie's most sought-after pockets, 52 Muriel Street presents an outstanding opportunity for developers, investors and savvy buyers alike.
The standout feature is the endorsed plans and permits already in place for the construction of two modern & architectural townhouses, allowing you to bypass the lengthy planning process and commence your project with confidence. Whether you're looking to build immediately or landbank for the future, this is a rare opportunity to secure a genuine turnkey development site.
Adding further appeal, the existing three-bedroom home is neat, comfortable and currently rentable, providing the opportunity to generate holding income while you prepare for construction.
Superbly located, you'll enjoy the convenience of being just moments from Keilor Road's vibrant cafés, restaurants and shopping precinct, quality schools including St John Bosco Primary School, St Bernard's College and Rosehill Secondary College, local parks and the Steele Creek Trail, with easy access to public transport, Melbourne Airport, CityLink and the CBD.
Key Features:
650m² (approx.) level allotment
Endorsed plans & permits for 2 townhouses - ready to build
Existing home offers immediate rental income while you plan your development
Exceptional opportunity for developers, investors or builders
Premium Niddrie location close to schools, shopping, transport and freeway access
Opportunities that combine immediate income, approved development potential and a blue-chip location are increasingly difficult to find. Secure your next project with confidence at 52 Muriel Street, Niddrie.
Disclaimer: Raine & Horne has taken reasonable care in compiling this information to ensure its accuracy. However, details such as property dimensions, pricing, location, and descriptions have been sourced from third parties and supplied to Raine & Horne. Accordingly, Raine & Horne does not guarantee the accuracy or completeness of this information and disclaims any responsibility for errors or omissions. We strongly advise prospective buyers to undertake their own research and verification of all details. For further guidance, please consult the due diligence checklist available through Consumer Affairs.
