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$575,000 - $630,000
647 m² of Prime Real Estate – Perfect for Developers or Your Dream Home!
Nestled in a tranquil residential court, this expansive 647 sqm block is a golden opportunity for developers or anyone looking to build their dream home. With approved plans and permits for a Class 1b Rooming House, this land offers immense potential and immediate readiness for your project.
Location, Convenience, and Growth
Adjacent to Hampton Park Shopping Centre and close to an array of recreational facilities, this location offers unparalleled convenience. Enjoy easy access to public transport, schools, cafes, and restaurants—all within walking distance.
Investor's Delight
This private and serene block is ideal for investors, with ample space for multiple townhouses (STCA) and proximity to the town centre. The area is undergoing significant development, making this a prime investment in a thriving neighborhood.
Key Features:
• Approved Plans and Permits: Ready to build a Class 1b Rooming House
• Revenue Potential: $159,328 gross rent with 8 tenants
• Tax Benefits: No land tax payable
• Development Potential: Space to build multiple townhouses
• Ideal Location: Quiet, peaceful street close to Hampton Park Shopping Centre, Monash Freeway, train station, shops, restaurants, schools, and public transport
• Highly Sought-After Area: Located in the rapidly growing Hampton Park Central area
Nearby Amenities:
• Coral Park Primary School
• St. Kevin’s School
• Hampton Park Secondary College
• River Gum Primary School
• Hampton Park Shopping Centre
• Monash Freeway
• Hallam Train Station
Don't Miss Out!
Secure your piece of prime real estate in this fantastic location.
DISCLAIMER: All stated measurements and dimensions are approximate only.
12 High Street, Cranbourne VIC 3977
Call Ken Jacobs on
0423477666
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