A unique opening, this high-exposure investment is a rewarding addition to your property portfolio, whilst offering future potential to redevelop (STCA) on 598sqm (approx) with desirable RGZ1 zoning. Long-held, the current dwelling with 10 rear car spaces is securely leased to a Physiotherapist until February 2024, providing a rental return of...
A unique opening, this high-exposure investment is a rewarding addition to your property portfolio, whilst offering future potential to redevelop (STCA) on 598sqm (approx) with desirable RGZ1 zoning. Long-held, the current dwelling with 10 rear car spaces is securely leased to a Physiotherapist until February 2024, providing a rental return of $67,044pa. A corner position and conducive zoning will ensure maximum benefits, with the potential to redevelop with an intelligently designed apartment complex, medical/childcare facility or townhouse project (STCA). Located in the Box Hill High School zone, a walk to Kingswood College, Roberts McCubbin Primary School and minutes to Box Hill Central, TAFE, hospital, Deakin University and Presbyterian Ladies College.
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598 m²
