9 Bridges Avenue, Edithvale VIC 3196

This amazing low-risk development opportunity simply will not last! Perfectly positioned in one of Edithvale's quiet streets is this original home on a 740m2 parcel of land – complete with endorsed plans for a large double-storey townhouse at the rear of the block!
This gem is perfect for a developer looking for their next project, an investor seeking future potential, or even a family in search of a home to customise to their own needs!

The existing home features spacious kitchen and dining area, plus large formal living area with lovely original timber flooring. Three good-sized bedrooms and two bathrooms, plus oversized garage and backyard.

The proposed 19-square rear townhouse will feature:
- Open-plan kitchen, living and dining area seamlessly flowing out to the large courtyard.
- Master bedroom ideally located downstairs, featuring walk-in wardrobe and ensuite. A further two spacious bedrooms upstairs, plus family bathroom and second living area.
- The home will be complete with a full laundry and double lock-up garage.
Estimated sale prices:
- UNIT 1: Estimated sale price upon updates and subdivision: $875,000.
- UNIT 2: Estimated sale price upon completion: $1,050,000.

Use existing plans for an easy risk-free development, or alternatively rent the home out for $480-$500 per week while you submit new plans to council, then build two large side-by-side townhouses!

This property is in a highly-desirable location; a stone's throw to local amenities such as Edithvale Recreation Reserve, wetlands and walking/cycling tracks, plus popular cafés, shops and schools. An easy 10-15 min stroll will also take you to Edithvale Beach & train station!

Please contact our team for further information including plans.