This three bedroom, two bathroom home on a generous 624m2 allotment enjoying frontage to Alexandra Street, and rear access from Para Road is to be sold with approved town planning permits already in place for 8 apartments in a variety of configurations and basement parking for up to 9 cars.
With all the hard work done and the majority of red tape already sorted, it introduces a highly sought after opportunity to secure a prime landholding in this premium pocket, surrounded by abundant lifestyle and retail amenity.
Contact Rocco Montanaro for further details and to arrange to view documentation in our Eltham office
â?¢ Site area of 624 m2 with dual street frontages
â?¢ Holding income of approx $370-$390 pcm. (Vendor willing to lease upon settlement for immediate income stream)
â?¢ Moments to Greensborough Station
â?¢ On the edge of Greensboroughâ??s thriving retail, entertainment and dining precinct
â?¢ Excellent surrounding median house prices and consistent sales
â?¢ Strong buyer demand introduces options for pre-sales off the plan
â?¢ Drainage discharge to rear of property off-setting costs