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This helps us curate better property matches for youFor sale
House • 8mo
$649,000 - $679,000
18 Mc Kenzie Street, Broadford, VIC, 3658, Australia
3![Bedrooms Bedrooms](/_nextassets/bed.svg)
1![Bathrooms Bathrooms](/_nextassets/bathroom.svg)
2![Carspots Carspots](/_nextassets/garage.svg)
1229 m²![Land size Land size](/_nextassets/landsizeV2.svg)
![Click to load interactive map Map of the surrounding area](https://assets.soho.com.au/production/uploads/location/map/2743612/map_1f55ef83-d455-46fd-a56b-7452a6e1146a.png)
Nearest stations
Broadford
896M (11 mins)
About this Property
Unlock the potential of this prime 1,229m2 parcel, presenting a golden opportunity for savvy developers. Boasting a current planning permit, this property is set to accommodate two additional 3-bedroom, 2-bathroom, 2-car garage, modern single-storey townhouses, enhancing the site's value.
The existing three-bedroom home has recently undergone renovations, featuring a modern kitchen with pantry and stainless steel appliances. The timber-look flooring throughout ensures low maintenance, while high ceilings add a touch of charm. Each bedroom is equipped with built-in robes and individual split systems, ensuring year-round comfort. The huge laundry with ample bench space, modern bathroom with an additional toilet, and a separate lounge with a reverse cycle split system contribute to the home's appeal.
This property is not only a family haven now, with a large level backyard and spacious rooms, but it also holds immense potential for future capitalization. Currently tenanted on a month-to-month basis, it generates approximately $23,400 per year (or $450 per week). This dual-yield scenario offers the best of both worlds - a reliable income stream with the existing tenant and the exciting prospect of increased yield upon construction of the new townhouses.
Seize this rare opportunity to capitalize on the current planning permit, whether you choose to develop and increase your rental income or explore the option of selling off the townhouses individually for maximum returns. Contact us today to arrange a viewing and embark on a promising investment journey!
The existing three-bedroom home has recently undergone renovations, featuring a modern kitchen with pantry and stainless steel appliances. The timber-look flooring throughout ensures low maintenance, while high ceilings add a touch of charm. Each bedroom is equipped with built-in robes and individual split systems, ensuring year-round comfort. The huge laundry with ample bench space, modern bathroom with an additional toilet, and a separate lounge with a reverse cycle split system contribute to the home's appeal.
This property is not only a family haven now, with a large level backyard and spacious rooms, but it also holds immense potential for future capitalization. Currently tenanted on a month-to-month basis, it generates approximately $23,400 per year (or $450 per week). This dual-yield scenario offers the best of both worlds - a reliable income stream with the existing tenant and the exciting prospect of increased yield upon construction of the new townhouses.
Seize this rare opportunity to capitalize on the current planning permit, whether you choose to develop and increase your rental income or explore the option of selling off the townhouses individually for maximum returns. Contact us today to arrange a viewing and embark on a promising investment journey!
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1051 sqm![Agency logo](https://assets.soho.com.au/production/uploads/office_banner_photo/image/48958035/medium_image_ceb83514-06dc-49f4-8f67-60b70042ed34.webp)
Carla Balfe
LJ Hooker Broadford | Kilmore
+ 61 0427 699 381
Carla Balfe
LJ Hooker Broadford | Kilmore
+ 61 0427 699 381
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More Details on 18 Mc Kenzie Street, Broadford VIC
How many bedrooms and bathrooms does 18 Mc Kenzie Street, Broadford have?
18 Mc Kenzie Street, Broadford is a 3 bedroom, 1 bathroom house.
Who is the agency that listed 18 Mc Kenzie Street, Broadford?
The agency who listed 18 Mc Kenzie Street, Broadford is LJ Hooker Broadford | Kilmore - you can contact the agents here.
How many car spots does 18 Mc Kenzie Street, Broadford have?
18 Mc Kenzie Street, Broadford is a 2 car spot home.
How much is 18 Mc Kenzie Street, Broadford?
The price of 18 Mc Kenzie Street, Broadford is $649,000 - $679,000 - contact the agents to find out more.