45 Rosebud Parade, Rosebud VIC 3939

SALE BY SET DATE - 5pm on Monday the 6th of December, 2021.

A unique opportunity to secure four dwellings on the one title found on a very generous 976m2 corner lot right in the heart of Rosebud. Situated just 350m to major shopping, with beaches found just a little further, this rate site offers every essential for potential development or as a well funded long term land bank opportunity.

Currently let over four seperate leases totalling an impressive $60,000 annual gross return for the ideal addition to your SMSF, personal property holding or as a healthy return while you gain development approval.

Falling inside the Mornington Peninsula Shires proposed higher density zoning makes this lot even more desirable providing even greater future potential.

You’ll have major shopping, transport and every Rosebud convenience lie literally at the end of the street to complement any future development or to ensure the security of ongoing future tenancies. Amenities such as Woolworths and Dimeys to a host of local retailers, cafes, cinema and Rosebud Primary School all within an easy walk.

Accommodation consists of a three bedroom residence plus three seperate two bedroom units, some of which have been updated, others remaining in original condition. Continue to improve the existing amenities or make plans to redevelop, either way this terrific site offers immense potential and for both growth and income all secured by a great, central location.