Once-in-a-lifetime development opportunity with plans

39 BROADWAY, BONBEACH, VIC, 3196

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About this property

Don't let this this rare opportunity pass you by! Secure one of Bonbeach's exceptional 1843m2 parcels of land in a highly sought-after location!

With plans for 7 high-end townhouses (plans have been lodged through to council and are awaiting the endorsed plans and permit), the property allows for significant profit as the anticipated sales for each townhouse are:

Townhouse 1: $900,000- $925,000 3 bedrooms, 2 bathrooms, powder room and double car garage.
Townhouse 2: $900,000 4 bedrooms, 3 bathrooms, powder room and single car garage with car space in driveway.
Townhouse 3: $875,000 4 bedrooms, 3 bathrooms, powder room and single car garage with car space in driveway.
Townhouse 4: $825,000 - $850,000 3 bedrooms, 2 bathrooms, powder room and single car garage with car space in driveway.
Townhouse 5: $825,000 – 850,000 3 bedrooms, 2 bathrooms, powder room and single car garage with car space in driveway.
Townhouse 6: $800,000 - $825,000 3 bedrooms, 2 bathrooms, powder room and single car garage with car space in driveway.
Townhouse 7: $750,000 - $780,000 Single-storey, 2 bedrooms, 2 bathrooms and single car garage with car space in driveway.

This property comprises a generous 20m frontage, with original weatherboard home featuring 3 bedrooms, 2 bathrooms and 4 car spaces. This home is ready to be leased out prior to building.

Current rental: $470 p/w

This location is second to none; centrally located in one of the best streets in Bonbeach and less than one kilometre to great schools, Bonbeach Station & the beautiful bay.

All genuine offers will be considered. For more information on this exclusive opportunity, please contact a member of our team any time.


Statement of information

For more details about this property, click here and view it at www.onthehouse.com.au


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