Unlock the potential of a 1,013m² land parcel with 4 units.
This is your golden ticket to real estate success! This large 1,013m2 land block in a desirable location offers a unique opportunity for investors and developers. This property features 8 bedrooms, 4 bathrooms, and 4 car spaces across 4 leased units, offering instant income potential.
Conveniently located just steps from bus transport at Civic Parade, Pier Street shops, cafés, Cherry Lake Reserve, and Altona Beach, this area offers an ideal lifestyle. Each unit offers a comfortable 2-bedroom, 1-bathroom, 1-car space layout, fetching attractive rental returns ranging from $320 to $325 per week.
Visionary developers take the opportunity to transform this approximately 1,013m² space into a custom masterpiece (subject to council approval). Located just 220 meters from Altona College, this property offers a great opportunity due to high demand for new homes in the area.
This property provides endless opportunities for both investors looking for quick returns and developers with big dreams. Don't miss out on this unparalleled investment opportunity!
