A rare and versatile opportunity in a premium St Albans location! Whether you're looking to occupy, invest, or take advantage of the approved development plans, this property on a substantial 700m² (approx.) allotment offers limitless potential.
Featuring an original 3-bedroom weatherboard home plus a self-contained bungalow - perfect for extended families or additional rental income - this is a prime site with excellent current and future appeal.
Key Features:
• Town Planning Permit Approved:
Approved plans for 4 modern townhouses:
o Townhouses 1, 2 & 3: Two bedrooms, two bathrooms, three toilets, and a single garage
o Townhouse 4: Two bedrooms, one bathroom, two toilets, and a single garage
• Excellent Rental Return: Currently leased at $560 per week, providing immediate income while you plan your next move.
• Generous Landholding: Rectangular allotment of approx. 700m² in a quiet yet central position – perfect for redevelopment (STCA).
Prime Location:
• Minutes to St Albans and Ginifer Train Stations
• Close to Alfrieda Shopping Village, Woolworths, IGA, Victoria University, St Albans Secondary College, Primary Schools, Sunshine Hospital, local parks, and library
• Easy access to the Western Ring Road Freeway
Whether you're a developer ready to build, an investor seeking a high-yield opportunity, or a family looking for a home with future growth potential, this property ticks all the boxes.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any pertinent matters.
