$430,000

0 Bed  •  0 Bath  •  0 Car  •  575m²

Main view of Homely land listing, 20 Donax Road, Corio VIC 3214
Second view of Homely land listing, 20 Donax Road, Corio VIC 3214
Third view of Homely land listing, 20 Donax Road, Corio VIC 3214
+8

Sold

20 Donax Road, Corio VIC 3214

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$430,000

  • 0
  • 0
  • 0
  • 575m²

Land Sold on Fri 14 Mar, 2025

What's around Donax Road

Land description

“Investment Dream With Multiple plans waiting, Approved Plans for 4 Units / Approved Plans for 9 Rooming House.”

20 Donax Road presents a rare and lucrative opportunity for developers and investors. This expansive block of land comes with approved permits for a 9-bedroom, 9-bathroom rooming house and the construction of 4 modern townhouses, making it an ideal site for a multi-faceted residential project. With ample space and a prime location, this property offers enormous potential for capital growth and long-term profitability.

The 9-bedroom, 9-bathroom rooming house permits allow for the creation of a shared living space that caters to a growing demand for affordable rental accommodations. The design allows for flexible living arrangements, with each room having its own en-suite bathroom, making it a highly desirable option for tenants seeking privacy and convenience. This development offers a steady rental income stream and addresses the demand for rooming houses in the area.

In addition to the rooming house, the permits also include plans for the construction of 4 stylish townhouses. These contemporary, low-maintenance homes will appeal to a variety of buyers, from young professionals to small families. Each townhouse will feature modern designs, high-quality finishes, and private outdoor spaces, offering an attractive living option in a rapidly growing neighborhood.

- Plans Permit Approved for 4 Units

- Plans Approved for 9 Bedroom Rooming House

- Close to All amenities

- Ready to Build

Land details

Area: 575m²

Documents

Statement of Information: View
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Fifth view of Homely land listing, 20 Donax Road, Corio VIC 3214View more

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20 Donax Road, Corio VIC 3214
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