Price Undisclosed

12 Bed  •  6 Bath  •  7 Car  •  1249m²

Main view of Homely block of units listing, 41 Cypress Avenue, Brooklyn VIC 3012
Second view of Homely block of units listing, 41 Cypress Avenue, Brooklyn VIC 3012
Third view of Homely block of units listing, 41 Cypress Avenue, Brooklyn VIC 3012
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Sold

41 Cypress Avenue, Brooklyn VIC 3012

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Price Undisclosed

  • 12
  • 6
  • 7
  • 1249m²

Block of Units Sold on Thu 20 Feb, 2025

What's around Cypress Avenue

Block of Units description

“Brooklyn's Rare Investment Gem”

Nestled in the heart of Brooklyn, one of Melbourne's fastest-growing suburbs, this outstanding block of six single-level, 2-bedroom, 1-bathroom units offers a remarkable investment opportunity. Set on a generous 1,249 sqm (approx.) parcel of land, this property combines solid rental returns with future development potential (STCA).

Each 2-bedroom unit is thoughtfully designed, with practical layouts, light-filled interiors, and low-maintenance finishes that have attracted long-term tenants. The current rental returns showcase its consistent performance, generating approximately $84,000 in the last financial year.

The sheer scale of the land and its strategic location enhance the appeal for developers and investors alike. With its expansive block size, this property presents the possibility of multi-dwelling redevelopment or other lucrative ventures (subject to council approval).

Perfectly positioned within close proximity to essential amenities, 41 Cypress Avenue is a short drive to Altona Gate Shopping Centre, schools, parks, and Brooklyn's lively café culture. Access to the CBD is effortless via the nearby freeway, making this a prime location for urban living.

Don't miss this chance to secure a prime investment in a high-demand location with endless possibilities. Whether you're looking to expand your portfolio or explore development potential, 41 Cypress Avenue is a rare offering that demands attention.

Land details

Area: 1249m²

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