This is a great opportunity for investors and experienced or first time developers. This 775m2 block has a great 24.1m frontage, is zoned R20/40 which means it has the potential for a 3 unit site. Considering plenty of triplex sites are going up and even 8 unit developments are happening across the road there is so much potential for this property. All subject to council approval of course.
Plus, the house is in good condition so you can rent that out and develop the back. Even if you wanted somewhere to live while you develop and build on the back, you can be right on site too.
There is so much potential on this great property and I haven't even mentioned the fantastic location yet.
With the bus stop 1 minute walk and the shops 1 minute walk the other way this is close to everything. The domestic airport is just around the corner and Belmont Forum is less than a 5 minute drive. This location is just amazing.