Known as the Monopoly suburb of Albany, reciting the street names in this area is like reading over the playing board in that iconic family game.
This generous block in Oxford street allows you to graduate from the realms of the board game and wheel and deal in the property market for real.
It’s an exciting prospect that will allow you to earn a genuine windfall from the bank with a little patience and some innovative and daring moves.
The beauty of this block is the dual frontage and access points, making it the ideal sub division opportunity For a savvy investor/developer.
They can use the 1679 square meters of land to create two, still decent sized blocks to resell, or to build nifty homes upon and make the most of the demand for affordable and modern housing in the area.
With such close proximity to school, conveniences and a short drive to get to the centre of town, it’s a great location in which to undertake such a development.
Just as owning utilities comes in handy in Monopoly, this block has handy utilities (water and sewer) nearby so they are easy to hook into when you start your development.
Of course, the more decadent amongst us could simply take the block and build your mammoth family home of choice, allowing for a huge square metreage of home as well as sheds, patios, gardens and much more.
More than your standard quarter acre it would most certainly be the envy of all of your mates.
Albany is on the cusp of amazing things, and it’s a property market that is definitely on the move- if ever there was a time to take a plunge with a wonderful new home or investors development, it’s now!
Pass go, collect your $200, snap up this block and start collecting your dividends with this epic residential block.
What you should know:
- 1679 square metre block
- Dual access and driveways
- Subdivision potential
- Equally good for bumper family home
- Great location close to everything