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Corner development block or renovation opportunity

20 Victoria Road, BAYSWATER VIC 3153

$900,000
L9548449 - For Sale
Corner development block or renovation opportunity
Beds 4 Baths 2 Parking 2

UNDER CONTRACT

An all round property awaits for the astute owner occupier or builder/developer willing to invest some time and effort in bringing this corner block back to its former glory or demolish and build three separately titled homes on a corner block in a fabulous convenient location.

Existing two self-contained units which require some attention to bring up to today’s standard will potential yield approximately $700 per week.

An astute owner occupier may live in one and rent the other with the goal of future development of the block being the main goal in mind.

Whether you are an owner occupier or Builder/Developer it is well known that corner blocks/home sites are much desired in the real estate industry.

Take advantage to potentially develop 3 separately titled homes on this approximately 971m2 block of land (STCA) and enjoy the benefits.

More and more owner occupiers are looking at land that they can subdivide, with the option to build their own dream home for themselves and develop the rest of the block as either a future investment or sell the remaining two to pay for the project, either way this is a win – win strategy.

For further information please call Don on 0407 687 652!!!!!

Don Mitrevski
Don Mitrevski
Managing Director & Lic. Estate Agent
M. 0407 687 652

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