Renovate, Rebuild, Reap the Rewards on 916m²
Set on an expansive allotment of approximately 916sqm, this exceptional property presents a rare and exciting opportunity for developers, investors, or those looking to renovate and create their dream home in a highly sought after pocket of Greensborough.
Filled with original charm, the existing residence offers a warm and character rich foundation ready to be enhanced. From its classic layout to its well preserved features, it provides the perfect canvas for a thoughtful renovation while still being comfortable to live in as is.
The substantial land size opens the door for future redevelopment opportunities (STCA), making it equally appealing for those looking to explore multi-unit potential or land bank for the future.
Adding even more value is the full sized, self contained bungalow positioned at the rear of the property. Complete with its own bathroom, kitchen, and laundry, along with additional storage underneath, it offers ideal flexibility for extended family, guest accommodation, or potential rental income.
Conveniently located just moments from Greensborough Plaza, local schools, parklands, and public transport options including Greensborough railway station, this is a location that continues to grow in demand.
A rare landholding with endless upside, secure your future in one of the area's most promising pockets. This is where you want to be.
Deposit: 10% of the purchase price
Settlement preference: 30/45/60 days
Rental assessment: $650-$700 per week
