980-984 Fifteenth Street, Mildura VIC 3500

Auction

• Thu 16 January @ 6PM 16/01/2025 06:00 PM 16/01/2025 06:00 PM Australia/Sydney Auction for 980-984 Fifteenth Street, Mildura VIC 3500 980-984 Fifteenth Street, Mildura VIC 3500 Area Specialists false DD/MM/YYYY

Auction I 16th of January, 6PM

4 beds

1 baths

2 parking

The Brief: Prime 7-Lot Development Opportunity with Immediate Income Potential

Its Addressed:


Developers and investors, this is your golden opportunity to secure a versatile 3662 m² property in a prime location. With approved plans and permits for a 7-townhouse subdivision complete with architectural drawings, you can develop, rent, or sell the townhouses. Meanwhile, the existing 4-bedroom home offers immediate rental income or a quick sale to recoup capital.

Property Facts:

Land Area: 3662 m² with approved plans and permits for a 7-lot townhouse development
Residence: 4-bedroom, 2-bathroom home with solid rental potential
Living Spaces: Formal lounge, dining, and timber kitchen with granite benchtops
Outdoor Features: Large undercover entertainment area with pizza oven
Shed: Powered, concrete flooring, additional shower and toilet
Development Options: Subdivide and sell the home, develop all 7 lots, or mix and match

Why This Property Stands Out:

This unique property offers developers a dual benefit: a shovel-ready project with approved plans for a 7-lot townhouse development and an income-generating existing home. The 4-bedroom residence, complete with formal living spaces, a quality kitchen, and outdoor entertaining with a pizza oven, can be rented out for immediate cash flow or sold to offset development costs.

The approved subdivision allows you to capitalize on Mildura’s growing demand for quality housing, offering flexibility to rent or sell the new townhouses for maximum profit. The powered shed with bathroom facilities adds further versatility, whether for storage or trades during construction.

Located in a thriving area surrounded by established estates, this property combines convenience with strong growth potential. Opportunities like this are rare—contact us today to secure your next profitable development!

For more Real Estate in Mildura contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property Details

• Type: House
• Bedrooms: 4
• Bathrooms: 1
• Toilets: 2
• Garage Spaces: 2
• Land Area: 3,662 m² (approx)