3 Yarran Grove, Bayswater VIC 3153

Set on a fantastic approx. 1080m2 allotment that offers plenty of space and scope for development into a multi-dwelling site (STCA), this property presents a top opportunity for savvy investors, developers and those with an eye on future rewards.

Positioned opposite a pretty park/playground, the original residence delivers 3 bedrooms (all with built-in robes), 1 family bathroom, spacious carpeted lounge and central kitchen/meals zone. You can expect rental yield of $1,695.00 pcm while you plan your next move. Alternatively, simply move in and enjoy top Bayswater convenience until the time is right to take on the project.

Featuring new carpet, gas heating, a double garage and huge rear garden that is essentially a blank canvas, this high-potential property is close to central Bayswater shops, train station, schools, bus service and more.

The adjacent corner property at 1 Yarran Grove is also up for sale. Buy both blocks and secure a combined land size of approximately 2100m2. Image the development potential (STCA)!