Lot 4/425 Ontario Avenue, Mildura VIC 3500

Buy a block of land, buy just the house or buy the lot.
Outstanding opportunity to build your very own unit complex with this ready to go 4 lot subdivision with all the hard work done you can buy one, two or all four. Backed by the best vacancy rates in the state this presents as a dream investment.
Perfect for first home buyers with government grants $45,000 and perfect for investors looking to value add and take advantage of deprecation for the next 40 years with a brand-new build.
Further more this marvellous site offers fantastic flexibility to live or rent the existing dwelling out whilst you build on the estate. Further more in years to come you can mirror the development and make into an 8-lot of super site and fast track property prosperity.
The gorgeous character home sits on 1515 sqm features 4 bedrooms, 1 bathroom and is currently rented for $360 per week, excellent weekly income / repayments while development takes place.
Prosperity, opportunity and great flexibility is on offer with this rare and awesome property opportunity.