Attention, savvy investors! This is like getting both sides of the coin at once! This is an incredible opportunity to secure a prime property in St Albans, just outside the 4 Avenues. This spacious 280m2 property boasts 10 bedrooms, 3 bathrooms (including 4 toilets), a large lounge, and a spacious kitchen featuring two stoves and two fridges. The separate laundry adds convenience and functionality to the layout.
Situated on a generous 655m2 of Residential Medium Density (RMD) zone, this property is highly sought after for development projects. Imagine the potential for expansion or redevelopment in this desirable location!
In addition to its development potential, the property includes a single garage and onsite parking for 4 vehicles, ensuring ample space for residents or tenants.
The current owner knows the properties value would lift after some renovation, he has a new Registered Valuation on file for serious buyers. With plans to invest elsewhere, the owner invites offers from serious investors looking to capitalise on this promising investment opportunity.
Don't miss out on this rare chance to secure a lucrative investment in a prime location. Fill the rooms and rent it out or landbank and build 4 new 2 bedroom apartments. Consider your many options and contact us today for more information and to arrange a viewing.
