56 Cyclamen Avenue, Altona North, VIC
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696sqm Property, Prized Address - Suits Multi-Unit Development (STCA)
Property ID: 205429
A large 696sqm (approx) allotment with no easements to navigate, this exceptional property is bound to tick the boxes for a wide range of buyers for a variety of reasons.
Ideally located in one of Altona North’s most prized, fast-regenerating neighbourhoods, surrounded by house-proud neighbours, beautifully refurbished homes and modern re-developments; positioned just 200m from Altona Gate shopping, close to excellent schools and just moments from the West Gate Fwy, linking with Melbourne CBD in less than 20 minutes.
As well as the location box being ticked, this mostly original but well-maintained and updated dual living property is absolutely ready to accommodate either yourself or tenants while your future development or rebuilding plans are being finalised.
Along with families wanting to make their mark on this prized address, the huge block will certainly sell itself to investors; and developers, with its wide 15.2m (approx) street frontage and 45.9m (approx) depth adding potential for a multiple-unit development, or to follow suite of the property behind, subdivide down the middle and develop two separately titled, side-by-side homes for maximum profits (STCA).
Generous bedrooms, large family bathroom and internal laundry, enclosed sunroom, spacious living/dining and updated timber kitchen. PLUS a self-contained unit with kitchen, living/dining, bathroom/laundry, and separate bungalow.
Two-car lock-up carport and two car driveway, undercover entertaining, outdoor kitchen, storeroom and additional shed.
The ultimate opportunity to acquire an affordable entry into this prized market. Either enjoy it as it is until it’s time to demolish and rebuild; invest in a large land parcel and rent it out immediately, or completely redevelop (STCA) a multi-unit site - live in one, rent the other/s, or sell the lot and reap maximum rewards!
Ideally located in one of Altona North’s most prized, fast-regenerating neighbourhoods, surrounded by house-proud neighbours, beautifully refurbished homes and modern re-developments; positioned just 200m from Altona Gate shopping, close to excellent schools and just moments from the West Gate Fwy, linking with Melbourne CBD in less than 20 minutes.
As well as the location box being ticked, this mostly original but well-maintained and updated dual living property is absolutely ready to accommodate either yourself or tenants while your future development or rebuilding plans are being finalised.
Along with families wanting to make their mark on this prized address, the huge block will certainly sell itself to investors; and developers, with its wide 15.2m (approx) street frontage and 45.9m (approx) depth adding potential for a multiple-unit development, or to follow suite of the property behind, subdivide down the middle and develop two separately titled, side-by-side homes for maximum profits (STCA).
Generous bedrooms, large family bathroom and internal laundry, enclosed sunroom, spacious living/dining and updated timber kitchen. PLUS a self-contained unit with kitchen, living/dining, bathroom/laundry, and separate bungalow.
Two-car lock-up carport and two car driveway, undercover entertaining, outdoor kitchen, storeroom and additional shed.
The ultimate opportunity to acquire an affordable entry into this prized market. Either enjoy it as it is until it’s time to demolish and rebuild; invest in a large land parcel and rent it out immediately, or completely redevelop (STCA) a multi-unit site - live in one, rent the other/s, or sell the lot and reap maximum rewards!
Features
Outdoor features
Garage
For real estate agents
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