4 Albert Avenue, Boronia VIC 3155

$900,000 - $990,000

5 beds

2 baths

1 parking

Development Potential - 1,130sqm!

Located only a short distance to Boronia Train Station, Shops, cafés, schools, and parklands, this property boasts a rental income of $545 per week and is perfect for residential development. Sited on a large block of 1,130sqm in a low density zoning, the property offers the lucky purchaser the option to either knock down the existing residences and build 2 new homes, or a possibility to keep the existing home and build another at the rear (subject to council approval).
The existing home is positioned beautifully towards the front of the block and is leased for $295 per week, while the rear bungalow is leased for $250 per week (combined total of $28,400 per annum). Be quick to secure this fabulous opportunity!

Proudly Marketed By Harcourts Boronia. Photo ID Required At Inspections.

Property Details

• Type: House
• Bedrooms: 5
• Bathrooms: 2
• Toilets: 2
• Garage Spaces: 1
• Land Area: 1,130 m² (approx)

Features

• Built-In Robes
• Dishwasher