Located only less than 9Km from Melbourne’s CBD, this outstanding allotment of some 1381m2 (approx) is arguably the most versatile property on the market today. Here is a unique opportunity that will provide you with multiple choices. Develop the site into multiple storey apartments, develop the back part and keep the existing homes, or build townhouses (all STCA). Either option has its rewards.

The facts:
Existing site of 1381m2 (approx)
Frontage of 27.4 Meters (approx)
Development potential of apartments (STCA)
Development potential for childcare or medical centres (STCA)
Rear Laneway with access via Sutherland Street and Clifton Grove
500 Meters (approx) from the Train Station, and 700 Meters (approx) from Sydney Rd
Proximity to Tullamarine and Citylink Freeways and all major arterials with access to all regions
Close to the stunning Coburg lake, shopping center, and public transport
Current short term lease with a return of $47,832.00 PA

Large allotments in prime locations do not become available every day. For more information contact Rickdale First National Real Estate on 03 9370 3330.