$700,000

3 Bed  •  1 Bath  •  2 Car  •  502m²

Main view of Homely house listing, 31 Canterbury Street, Deer Park VIC 3023
Second view of Homely house listing, 31 Canterbury Street, Deer Park VIC 3023
Third view of Homely house listing, 31 Canterbury Street, Deer Park VIC 3023
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31 Canterbury Street, Deer Park VIC 3023

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$700,000

  • 3
  • 1
  • 2
  • 502m²

House for sale

What's around Canterbury Street

House description

“A Lucrative Development Opportunity”

Attention Investors, Builders, and Property Developers! Are you seeking a prime opportunity in Deer Park? Look no further! This impressive site comes with approved plans and permits for four units, each featuring 2 bedrooms, 3 bathrooms, and a single-car garage. Located on a 502m² allotment in a Residential Growth Zone - Schedule 1, this property is perfect for expanding your portfolio and securing your future.

With the potential to return huge monthly earnings, this project promises significant financial rewards. Recent upgrades to the Deer Park Train Station further enhance the location's promise for successful development. The existing property offers the flexibility to move in or rent out, providing a great rental yield while you proceed with your development plans.

This site isn't just about future potential; it boasts an enviable location just moments away from top-tier restaurants, grocery stores, schools, childcare facilities, public transportation, medical centers, and easy freeway access. This ensures any new development will attract a wide range of potential buyers or tenants.

Seize this exceptional opportunity to develop in one of Deer Park's most sought-after areas. With plans and permits already in place, you can hit the ground running and capitalize on the booming demand for quality housing. Don’t miss out on this fantastic proposition—secure your investment today and reap the rewards of this lucrative venture!

*Please email our team to receive a copy of the plans & permits.

Land details

Area: 502m²

Documents

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31 Canterbury Street, Deer Park VIC 3023
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