This is real estate mathematics at its simplest. All you need to do is subtract the house, divide the block, add some new units (STCA) and multiply the profits – how easy is that! At a time when demand for units and low maintenance housing is at an all time high, this block measuring around 664m2 offers one privileged purchaser the opportunity to benefit greatly from this property in a sought after area within minutes of the shops, trains and conveniences of Douglas Street as well as the schools and parks. The home itself is tidy and in reasonable condition to rent out for a short term if required and features Ducted heating spacious lounge, with formal dinging. Separate kitchen and meals area, 2 bedrooms with built in robes third if needed which is opened up as a bar. Central bathroom/ Toilet and Laundry facilities. Outside offers a single garage. But the key is really the land and with potential for multiple units, this is a standout investment indeed.

Inspect Sat & Wed at 11.00 – 11.30AM

IN ROOM AUCTION
Wednesday 23 April at 6.30pm
Sandown Regency
477 Princes Hwy Noble Park