This 614m2 allotment comes with Council approved and endorsed plans for a two bedroom unit, garage and pergola. The astute buyer could build the unit, sell it at a profit, reduce the mortgage of the existing residence and be in positive gearing, sounds like a strategic superannuation move to me.
The residence is currently tenanted and has three bedrooms, two way bathroom, kitchen gas appliances, air conditioning, heating, pergola and double carport. Additionally, this property features an oversized colorbond double garage with an inbuilt office facility and is only minutes away from Tarneit West Shopping Centre, public transport and schools.
Add this to your existing rental portfolio or make this a great start for your first investment.