Location:
Sunshine is located in the vibrant Western Suburbs, approximately 15 km from Melbourne. This prime location is surrounded by a variety of amenities, including numerous cafés and restaurants, esteemed schools, and Victoria University. Additionally, Sunshine Train Station and Sunshine Plaza are easily accessible. Excitingly, a new Costco shopping center is set to open by the end of this year, further enhancing the convenience and appeal of the area.
Property Overview
We are proud to present this rare opportunity: a weatherboard home on a generously sized allotment of approximately 610 m², featuring a wide frontage of 20 meters, situated in the heart of Sunshine. This property offers privacy with a hedge-fenced front yard and is nestled in a lovely neighbourhood.
Interior Features
The home features 3 spacious bedrooms, a dining area, a living area, a kitchen, and ample front and backyard space, perfect for family gatherings and special occasions. Currently rented, it generates a rental income of $1,738.00 per calendar month.
Redevelopment Potential
Additionally, this property offers significant redevelopment potential. With Plans and Permits ready, you can construct three side-by-side townhouses, making this a rare and valuable investment opportunity:
ÃÆ’¢-¦ Townhouse 1:
3 bedrooms, 2 bathrooms, 3 toilets, single garage (approximately 19.7 sq)
ÃÆ’¢-¦ Townhouse 2:
3 bedrooms, 2 bathrooms, 3 toilets, single garage (approximately 19.7 sq)
ÃÆ’¢-¦ Townhouse 3:
2 bedrooms, 2 bathrooms, 3 toilets, single garage (approximately 16.1 sq)
Contact Information
Contact us today for further discussions and to seize this amazing development opportunity.