This RARE OPPORTUNITY Bypasses the planning process and commence construction on this 8000 sqm (approx.) allotment with plans and permits in place for 14 Villas.
Ranging in size, the Villas vary in their layouts – 2 and 3 bedroom designs serviced by a central bathroom and accompanied by open-plan living, dining and kitchen domains that act as the social hubs of the villa which also offers a patio space both front and back outside to entertain.
Incredible location and positioned to promote enviable lifestyle living, walking distance to local shops and Bowling Club complexes. Just a short drive to Echuca, the train station and buses. Moama Primary School and Murray River within walking distance deliver enormous lifestyle benefits, while Moama Grammar School which is surrounded by excellent cafes, and sporting clubs is also just moments away, this development is the perfect choice.
Currently, 3 Villas are close to the finished stages with approved tenants, homeowners, and investors waiting for the finishing touches. ready to purchase or move into.
Entire Hampton style block of 14 large allotments
- 100m walk to beautiful Murray River
- Beautiful facade, original deco details
- Classic layouts, light and updated interiors
- Each with 2 or 3 bedrooms and built-ins plus balconies
- Full side drive with garage
- Spacious living rooms,
- Potential of High-yielding bricks and mortar land asset
- Strong rental demand and income stream
- Ideal to retain as a solid income earner
- Exciting potential to add significant value
- Scope for future strata subdivision STCA
- Potential to develop STCA
- 350m walk to Fitzroy St
- Walk down to the beach and St Kilda Pier
- 600m to Albert Park Lake Reserve
- Current rental return $226,800 PA (approx.)
- Plans available to build out the back