PROPERTY SUMMARY

Beds: 5 Baths: 2 Car Park: 2

PROPERTY DESCRIPTION

With the process of obtaining a permit taking longer, pricier, & harder, take advantage of this great opportunity to purchase a 1,858m (Approx.) allotment (30 metre frontage) which includes a Planning Permit for 11 dwellings. With the original home currently leased for $2,998 PCM on a monthly basis, simply build now or land bank.

Proposed units comprise;

-Unit 1: 4 bed, 1 retreat, 3 bath, 2 car garage
-Unit 2: 3 bed, 3 bath, 2 car garage
-Unit 3: 3 bed, 3 bath, 2 car garage
-Unit 4: 3 bed, 3 bath, 2 car garage
-Unit 5: 3 bed, 3 bath, 1 retreat, 2 car garage
-Unit 6: 3 bed, 3 bath, 2 car garage
-Unit 7: 3 bed, 3 bath, 1 retreat, 2 car garage
-Unit 8: 3 bed, 3 bath, 2 car garage
-Unit 9: 3 bed, 3 bath, 1 retreat, 2 car garage
-Unit 10: 3 bed, 3 bath, 2 car garage
-Unit 11: 3 bed, 3 bath, 1 retreat, 2 car garage

For a copy of the Planning Permit & Endorsed Plans, please request via email at hashmi@zainre.com.au

Existing property comprises;

– 1,858m (Approx.) allotment with 30m wide frontage
– Five spacious bedrooms with built-in-robes, including master with full ensuite and extra- large walk-in-wardrobe
– Central bathroom with large bathtub, shower, water closet and cabinetry space
– Separate laundry and utility room with washing machine and sink
– Open-plan living room and additional family room
– Outdoor swimming pool for the family to enjoy
– Expansive rear garden with undercover deck, separate spa, swimming pool, storage shed and substantive lawn space
– Superbly located close to Rosanna parklands, La Trobe University, Northland shopping Centre and ample public transport
– Currently leased for $2,998 per month (Periodic Lease)

Located in the sought-after Heidelberg Heights, this property offers convenience and accessibility. Close to local amenities, reputable schools, and public transportation, everything you need is just a stone’s throw away.

Don’t pass up this lucrative development opportunity. This property, with a price range of $3,000,000 – $3,300,000, offers exceptional profitable development value for its impressive features and prime location.