Great Investment – Opposite Newport Village with DA approval
Functional today, with a focus on a rewarding future, this previously updated Edwardian's allotment of some 490m2 is accompanied by approved plans and permits for two impressively designed townhouses. The scope to replace the current three bedroom, two bathroom residence with a pair of fresh new homes, each offering a three bedrooms and a range of refined choices for two or three bathrooms, dual living zones or studies and rumpus rooms. Open-plan areas, entertaining decks and rear ROW access to double garages - with studios accompanied by bathrooms above - further enhance the prospects for maximizing your returns on this great site and its serviceable three bedroom, two bathroom home, currently leased month to month at $510 per week. Proximity to Mason Street, Hudsons Road, Newport and Spotswood train stations, the freeway and opposite Newport Village, a new development soon to start will only enhance this investment opportunity and the appeal of its potential.
Click here for the Consumer Affairs Victoria Due Diligence Checklist for Home Buyers