29 Railway Avenue, Drouin VIC 3818

This gorgeous 2406m2 property boasts endless opportunities and has been tightly held in the family for around 40 years.

Subdivision is the first thing that comes to mind If you're looking to financially capitalise on a property like this. A 4-lot subdivision has already commenced through council with most of the hard work done, which the owner anticipates around 6 months for the completion for the new buyer.

If you are looking to take on something that may yield you higher returns then there may be an opportunity to subdivide this property into a 10-12 townhouse site (STCA). With 2-Street frontages, a project like this should be relatively straight forward.

ANOTHER opportunity lies within the commercial space. Most municipalities are always looking for additional medical clinics, child care centres or multipurpose use dwellings. So if you have an appetite for a property that would supply plenty of ample parking, 2-Street frontages with plenty of room to build a commercial dwelling then this block also has that potential (STCA).

On this property, there is a 2 bedroom, 1 bathroom dwelling in very good condition with a single garage to tuck your car away in.

The owner would consider a term's sale which makes opportunities like this a rare commodity for any developer or investor looking to land bank for their future.

Please call Metin on 0439 955 526 for any further information.

All information contained herein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.