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Auction
$550,000 - $600,000
Discover the exceptional potential of this unique property, perfectly tailored for the savvy developer or astute investor. Nestled in a highly sought-after neighborhood, this charming 3-bedroom, 1-bathroom house offers more than just immediate rental income, as it is currently leased. It stands as a canvas of possibilities, ready to transform into a lucrative investment venture.
Included with this purchase are fully approved plans and permits for a second 3-bedroom dwelling at the back of the lot. This feature alone transforms the property from a simple home into an incredible investment opportunity. Imagine the possibilities: additional rental income, a family compound, or a profitable resale - the choice is yours. The groundwork has been laid; all that remains is to bring your vision to life. Moreover, the clever design allows you to keep the front house intact while constructing the new dwelling at the back, ensuring continuous rental income or a place for you to reside during the development phase.
Step inside to find a home that exudes character and warmth. The recently renovated bathroom brings a fresh, modern touch, ensuring comfort and style for its occupants. The gleaming hardwood floors throughout the home add an elegant charm, seamlessly blending durability with timeless appeal. Each room in this spacious house is generously sized, providing ample space for relaxation and everyday living. The large living area is perfect for hosting gatherings, family activities, or simply unwinding after a long day.
Located in a vibrant and thriving community, this property offers unparalleled convenience and accessibility. Proximity to local amenities, reputable schools, lush parks, and efficient transportation links ensures that this location is not just desirable but highly in demand. The neighborhood's growth and development potential further enhance the appeal, promising a bright future for any investment made here.
This is a rare opportunity that combines immediate returns with long-term growth potential. Whether you are looking to expand your investment portfolio, embark on an ambitious development project, or secure a future in one of the best locations, this property is the perfect foundation for your success. Don't miss out on this prime real estate offering. Contact us today to arrange a viewing and explore the endless possibilities this property holds. Your path to a profitable future begins here.
52 Spring Square, Hallam VIC 3803
Call Deeann Borsos on
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Call Chris Zhang on
0434627345
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