101 Mount View Parade, Croydon VIC 3136

Presenting a very rare opportunity that's ready for one lucky astute investor to stake their claim, this 995sqm (approx.) block displaying a desirable street frontage of 21meters and dual access also has the opportunity to develop into a possible 3 units (STCA).
This cleverly designed property with a Council approved "Rooming house", has 5 fully self-contained separate units on one block boasting a high return of $57,000 PA (approx). This property would have to offer one of the best returns the market today.

Includes one 2 bedroom fully self-contained unit and four, one-bedroom units.
A conveniently central location provides immediate appeal with access to the thriving hubs of Croydon and Mooroolbark and the selection of shops, cafes, recreation facilities, schools and train stations on offer.

- 995 m2 (approx) square-shaped block with 19m approximate frontage
- Approved "Rooming House Agreement" earning $57,000 PA (approx)
- A lucrative opportunity presents itself to the developer, builder or investor
- Ideal site to construct 3 units or build your dream home (STCA)
- Prime Parcel of land sure to attract immediate attention
- Avid lovers of good food and wine will also be well positioned to enjoy a choice of reputable restaurants, furthermore, the nearby Yarra Valley.
- Surrounded by your choice of reputable public and private schools
- Public transport options include immediate bus route or train station access