SoldNov 17, 2023

108 Lesdon Avenue, Cranbourne, VIC, 3977

$590,000

5
3
4
655 m²

House

17 days on the market

Sold: Nov 17, 2023

What's around 108 Lesdon Avenue

Introducing a unique opportunity for astute investors and developers!

ALI BARATALI Real Estate Xpert proudly presents an exciting property: 108 Lesdon Ave, Cranbourne. This expansive property boasts exceptional potential, featuring 5 bedrooms, 3 bathrooms (unfinished), two spacious living areas, and a 4-car garage. Situated on a generous 655m2 block, this property is strategically located within walking distance to schools, the Merinda Park train station, and the Thompson Parkway shopping centre, making it an ideal investment for families and professionals alike. While the property may require some renovation and finishing touches, the discerning buyer will undoubtedly reap substantial rewards, given the remarkable profit margin it offers. This is your chance to transform this diamond in the rough into a gem of your own design. Not only does this property offer a spacious main residence, but it also presents an exceptional opportunity for developers, with the potential to build 3 townhouses (subject to council approval). Imagine the possibilities for creating modern, stylish living spaces in a sought-after location. Furthermore, this property includes a 2-bedroom, 1-bathroom granny flat at the back, showcasing the potential for an additional monthly income of $1,000, making it an attractive prospect for those looking to expand their investment portfolio. For the discerning investor, the main residence has the potential to generate a monthly rental income of $2,000-$2,500. With the thriving Cranbourne area experiencing steady growth and development, this property presents an outstanding opportunity to capitalize on the high rental demand in the region. To explore the full potential of this remarkable property, we invite you to schedule an inspection by appointment. Please don't hesitate to call Ali Baratali for any inquiries or to arrange a viewing. Act quickly and seize this once-in-a-lifetime opportunity to secure your investment in one of Cranbourne's most promising locations. Don't miss out on the chance to unlock the true potential of 108 Lesdon Ave, Cranbourne. Enquire now to make this exceptional property your next successful investment venture.

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