Welcome to your next prime development project! This fantastic property offers an exceptional opportunity for developers and investors seeking to make their mark in the thriving suburb of Sunshine North. With a spacious 3-bedroom house as the canvas, the potential for transforming this property into a lucrative venture is truly remarkable.
1. Location, Location, Location: Situated in the highly sought-after Sunshine North area, this property is conveniently positioned close to schools, parks, public transport, Sunshine Hospital and major amenities. With easy access to major roads and highways, this location is perfect for potential buyers or tenants.
2. Current tenants in place, offering immediate returns on your investment. Currently leased at $585 PW Until the start of July 2025 with option to renew.
3. Generous Land Size: Boasting a substantial 700m2(approx.) Block, this property provides ample space for a wide range of development options. Whether you're considering townhouses, apartments, or duplexes, the options are limitless.
4. Endless Potential: Let your imagination run wild as you envision the possibilities for this development. Create a contemporary residential complex, design stunning townhouses, or develop a property in the rear for the growing demand in the area. (STCA)
5.Investor's Delight: This property is not only an enticing opportunity for developers but also for savvy investors seeking to expand their portfolio. The growth potential in Sunshine North is undeniable, making this an excellent long-term investment.
* Disclaimer:
The vendor of this property Edward Herdegen, is a licensed real estate agent and is selling their own property through Tenacity Real Estate. However, they are not acting as the sales agent for this transaction. The sale is being managed by Hayden Bonnici of Tenacity Real Estate, who represents the vendor in this matter.
While all reasonable efforts have been made to ensure the accuracy of the information provided, prospective buyers are advised to conduct their own due diligence, including independent legal, financial, and property inspections. Neither the vendor, the agency, nor the sales agent accept responsibility for any errors, omissions, or misstatements.
This sale is conducted in accordance with the laws and regulations governing real estate transactions in Victoria, Australia, including disclosure requirements for agents selling their own property.
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