Prime redevelopment opportunity (STCA) metres to the Barwon River
Developers and new-home builders note this 725sqm block that is ideally set just 350 metres to the Barwon River. With a wide 19.8 metre (approx) street frontage, this block would be perfect for a new dual occupancy property (STCA) or the construction of your new dream home (STCA). Investors also note that the existing three-bedroom home is currently leased for $410 per week.
– Large 725sqm block with an existing three-bedroom home
– Wide 19.8 metre (approx) street frontage to suit a new duplex (STCA)
– Spacious block also suits the construction of a new family home
– Existing home currently returning $410 per week in rental income
– Home features open-plan living with fireplace and floating flooring
– Neat electric kitchen with corner bench and separate laundry
– Solar electricity & solar hot water (gas boosted)
– Clawfoot bath plus separate shower to modern main bathroom
Tap into an immediate revenue stream with a reliable tenant already in place while you plan a new dual occupancy development (STCA) or the construction of your new dream home (STCA).
Or simply move into the existing home when the lease expires and enjoy low-maintenance single-level living with plenty of outdoor space on the large 725sqm block.
There is split-system air conditioning and a cosy slow-combustion wood fireplace to the open-plan living/dining area, and the adjoining kitchen is fully functional. Solar power & solar hot water are also a welcome bonus.
Three good-sized bedrooms share the modern main bathroom that features a distinctive clawfoot bath, and a well-equipped internal laundry plus storage or study nook complete the package.
Call Pavilion Property to organise your inspection today.
- 3 bed
- 1 bath
- 2 Parking Spaces
- Land is 725 m²
- Street View