Set Your Budget
Save your budget
This helps us curate better property matches for youSelect a budget
Set Your Budget
Save your budget
This helps us curate better property matches for youSelect a budget
For sale
House • 3mo
$990,000
43 Albert Avenue, Boronia, VIC, 3155, Australia
3
1
2
784 m²
Nearest stations
Boronia
973M (12 mins)
About this Property
INSPECTIONS BY APPOINTMENT ONLY. PERMIT INFORMATION AND PLANS AVAILABLE UPON REQUEST.
This exceptional property is perfect for developers looking for a lucrative investment opportunity. Situated on a prime corner block, this site has permits approved for the development of four, three-bedroom, two-bathroom townhouses, and one two-bedroom, two-bathroom townhouse, each with its own street frontage. This is a rare find that offers immense potential for those ready to capitalise on its unique features.
The existing house on the property is a charming three-bedroom home, currently rented to a reliable tenant who pays $1955 per month. The current rental income provides an excellent holding return while you prepare for development, ensuring a steady cash flow from day one. Each of the planned townhouses has been thoughtfully designed to maximize space and functionality, making them highly attractive to future buyers or tenants.
In addition to its development potential, this property boasts a prime location that adds significant value. It's just a short walk to a K-12 college, making it ideal for families. The Boronia Mall and a variety of shops are only 1km away, providing convenient access to everyday necessities. Excellent bus and train services in the area ensure easy commuting and connectivity.
This is an outstanding opportunity for developers to create a modern townhouse complex in a highly sought-after area. With all the permits in place and a great existing tenant, you can hit the ground running.
Don't miss out on this unique chance to invest in a property with substantial development potential in a prime location. Contact us today to arrange a viewing and take the first step towards your next successful project.
This exceptional property is perfect for developers looking for a lucrative investment opportunity. Situated on a prime corner block, this site has permits approved for the development of four, three-bedroom, two-bathroom townhouses, and one two-bedroom, two-bathroom townhouse, each with its own street frontage. This is a rare find that offers immense potential for those ready to capitalise on its unique features.
The existing house on the property is a charming three-bedroom home, currently rented to a reliable tenant who pays $1955 per month. The current rental income provides an excellent holding return while you prepare for development, ensuring a steady cash flow from day one. Each of the planned townhouses has been thoughtfully designed to maximize space and functionality, making them highly attractive to future buyers or tenants.
In addition to its development potential, this property boasts a prime location that adds significant value. It's just a short walk to a K-12 college, making it ideal for families. The Boronia Mall and a variety of shops are only 1km away, providing convenient access to everyday necessities. Excellent bus and train services in the area ensure easy commuting and connectivity.
This is an outstanding opportunity for developers to create a modern townhouse complex in a highly sought-after area. With all the permits in place and a great existing tenant, you can hit the ground running.
Don't miss out on this unique chance to invest in a property with substantial development potential in a prime location. Contact us today to arrange a viewing and take the first step towards your next successful project.
Statement of Information
View Statement of InformationIn compliance with Estate Agents Act 1980
Gallery
Book an Inspection Time
Request for Inspection
Message the agent to request for an on-site or a virtual livecast property inspection
Similar Properties
Boronia
1.9KM
Apartment NEW
$680,000 - $740,000
5/162 Albert Avenue, Boronia VIC 3155
3
2
2
530 sqmBoronia
1.8KM
Apartment
AUCTION: $790,000 - $850,000
1/35 Dixon Court, Boronia VIC 3155
3
2
2
489 sqmBoronia
900M
House
$800,000 - $880,000
37 Rowson Street, Boronia VIC 3155
3
2
2
Boronia
964M
Apartment
$660,000 - $720,000
1/3 Damar Avenue, Boronia VIC 3155
3
1
2
399 sqmBoronia
1.3KM
House
$700,000 - $750,000
13 Paisley Avenue, Boronia VIC 3155
3
1
1
722 sqmBoronia
295M
Apartment
Auction ($550,000 - $605,000)
5/11 Chandler Road, Boronia VIC 3155
3
2
2
157 sqmHouse
Auction ($730,000 - $800,000)
27 Tolhurst Avenue, Boronia VIC 3155
3
1
4
631 sqmBoronia
478M
Apartment
$580,000 - $630,000
201/1A Tulip Crescent, Boronia VIC 3155
3
2
2
Boronia
1.4KM
House
$1,020,000
2B Mcdonald Crescent, Boronia VIC 3155
3
2
2
509 sqmHouse
$690,000 to $730,000
3 Kokoda Court, Boronia VIC 3155
3
1
1
713 sqmScott Collins
@realty National Head Office
+ 61 0499005265
Steve Martin
@realty National Head Office
+ 61 0414853277
Download the mobile app to get instant updates
Calculate your home loan repayments
Download the mobile app to get instant updates
More Details on 43 Albert Avenue, Boronia VIC
How many bedrooms and bathrooms does 43 Albert Avenue, Boronia have?
43 Albert Avenue, Boronia is a 3 bedroom, 1 bathroom house.
Who is the agency that listed 43 Albert Avenue, Boronia?
The agency who listed 43 Albert Avenue, Boronia is @realty National Head Office - you can contact the agents here.
How many car spots does 43 Albert Avenue, Boronia have?
43 Albert Avenue, Boronia is a 2 car spot home.
How much is 43 Albert Avenue, Boronia?
The price of 43 Albert Avenue, Boronia is $990,000 - contact the agents to find out more.