Inspection and auction details
Auction location: On Site
- 7 Beds
- 2 Baths
- 2 Cars
This property offers developers, builders and investors an exceptional opportunity to buy and invest inclusive of all furniture or knock down and build directly as town planning permit and building permit is already approved. Currently this property has a council permit for student accommodation, choose to either continue leasing and receive impressive rental returns of $5,500 per month* or use the approved plans and permits to build 2 luxury individual townhouses. The front townhouse is 33 squares facing Bennett Street and the back townhouse is 32 squares, facing Talbett Street.
Set on a large 810sqms (approx.) corner block and positioned only footsteps from Deakin University, an ideal location like this is in strong demand. Other nearby amenities include PLC, Burwood Highway buses and trams, Box Hill Central transport hub and premium restaurants, Gardiners Creek Trail, Wattle Park Golf Course and Burwood One Shopping Centre.
To register your interest, please contact us today!
Should you choose to invest this property, our Property Managers can take care of it for you. We are committed to protecting your asset and maximising your investment returns and we will provide you with quality, professional management.
810m² / 0.2 acres
2 garage spaces
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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