Immediate Income, Stunning Potential

01 About this property

Capturing a wonderful location in ever-popular Macleod, discover this sensational allotment, positioned within walking distance of a great range of amenities and offering huge potential for multi-residential townhouse development (STCA). The existing residences offer immediate investor appeal and its currently tenanted, earning approx $3500-4000 per calendar month.

The potential for successful development is obvious in this amazing location – just a stroll to Macleod Station, fabulous parks in the area including Harborne Street Reserve just metres away and Elder Street reserve around the corner, local shops are just a stroll away and it’s within 10 minutes of a choice of Greensborough Plaza or Heidelberg central shopping, cafes and the Austin and Mercy hospitals. Latrobe University is just 10 minutes’ drive and the CBD is only half-an-hour away. Within the Watsonia Heights Primary School and Greensborough Secondary College zones and within easy walking distance of sought-after Macleod College.

02 Features
  • House
  • 3 bed
  • 2 bath
  • 2 Parking Spaces
  • Land is 854 m²
  • 2 Carport
Similar Listings
161 Noble Street, NOBLE PARK VIC 3174
$1,545,000 - $1,699,500
3
Bed
1
Bath
1
Parking
1,349 m²
Land
View More
21 Newbury Street, PAKENHAM VIC 3810
$390,000-$429,000
3
Bed
2
Bath
1
Parking
View More
13 Milford Avenue, BURWOOD VIC 3125
Auction Saturday, 06th April at 12:00 pm
3
Bed
1
Bath
1
Parking
588 m²
Land
View More