$2,000,000-$2,200,000
561 & 563 Pascoe Vale Road, Pascoe Vale VIC 3044
House
622
Block size: 1003 m² approx.
SALE BY SET DATE Closing Tuesday 25th June at 5pm
Premiere Position, Premium Opportunity, Strathmore Zoning.
Situated on a prominent corner directly opposite the Oak Park Sports and Aquatic Centre, and occupying approximately 1003m2 of prime flat land, this brilliant two-in-one offering is an opportunity to be seized, set within the Strathmore Secondary catchment, and offering astute builders and developers a lucrative investment in the future. Each site currently houses a mostly original and quite livable three-bedroom home with large yards and off-street parking, both currently leased and earning a combined monthly return of $3,824. Offering dual street frontages - 27.4m to Pascoe Vale Road and 36.6 to Main Street - the potential here is just incredible, with a multi-dwelling redevelopment both residential or commercial medical/child care centers on the cards (subject to all relevant approvals) utilizing the corner position to maximize the space and amenity for the new builds. Positioned just a short stroll from the natural beauty of the Moonee Ponds Creek Trails, and close to a selection of schools and local amenities, the convenience on offer is second-to-none. Placed in between both Oak Park and Pascoe Vale stations, it's also close to shops and major arterials, and just a two-minute drive from CityLink.
Situated on a prominent corner directly opposite the Oak Park Sports and Aquatic Centre, and occupying approximately 1003m2 of prime flat land, this brilliant two-in-one offering is an opportunity to be seized, set within the Strathmore Secondary catchment, and offering astute builders and developers a lucrative investment in the future. Each site currently houses a mostly original and quite livable three-bedroom home with large yards and off-street parking, both currently leased and earning a combined monthly return of $3,824. Offering dual street frontages - 27.4m to Pascoe Vale Road and 36.6 to Main Street - the potential here is just incredible, with a multi-dwelling redevelopment both residential or commercial medical/child care centers on the cards (subject to all relevant approvals) utilizing the corner position to maximize the space and amenity for the new builds. Positioned just a short stroll from the natural beauty of the Moonee Ponds Creek Trails, and close to a selection of schools and local amenities, the convenience on offer is second-to-none. Placed in between both Oak Park and Pascoe Vale stations, it's also close to shops and major arterials, and just a two-minute drive from CityLink.
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Key details
Bedrooms:
6
Bathrooms:
2
Garage Spaces:
2
Property type:
House
Block Size:
1003 m²*
Other Details
Maps and area information
Block information
Block size: 1003m² (approx)
No block information available
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Property history
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Statement of information
Section 47AF of the Estate Agents Act 1980
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Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Pascoe Vale suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
37 years
Population
18,171
Listing ID: 182505825. This listing has been viewed 3 times. It was first displayed on 08/05/2024 and last updated on 01/07/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.