Located in a tightly held and much sought after pocket of Tyabb is this property which presents a fantastic small scale development opportunity.
Approximately 744m2 in size, the land is zoned Residential 1 and would be ideally suited to a 2 lot subdivision (S.T.C.A). The existing dwelling is suitable to be leased out and produce an income while you get to work on plans and permits. Comprising 3 bedrooms, timber kitchen, spacious lounge area with space heater and split system, study area and a large laundry, you could expect a rental return of around $220 per week. Outside there is front and rear decking, large ‘boat shed’ and additional garden shed.
This is your chance to secure a property with excellent potential in the growing Tyabb Township and be poised to reap the rewards of the increasing local infrastructure including the up and coming Tyabb campus of Padua College and the proposed Port of Hastings.
