$1,850,000 - $2,035,000
68 Grieve Parade, Altona VIC 3018
House
844
Block size: 1013 m² approx.
Investment Opportunity: Prime Development Site with Secure Leased Units
Unlock the Potential: 1,014m2 Land Parcel with 4 Units
This is your golden ticket to real estate success! Nestled within a sought-after locale, this expansive 1,014m2 block of land presents a rare opportunity for astute investors and developers alike. Boasting 8 bedrooms, 4 bathrooms, and 4 car spaces spread across 4 securely leased units, this property promises immediate income generation.
Strategically positioned mere steps away from Civic Parade bus transport, Pier Street shops and cafes, Cherry Lake Reserve, and the idyllic Altona Beach, convenience and lifestyle are at your fingertips. Each unit offers a comfortable 2-bedroom, 1-bathroom, 1-car space layout, fetching attractive rental returns ranging from $220 to $300 per week.
For visionary developers, seize the chance to reimagine this 1,014m2 canvas (approx.) into a bespoke masterpiece (STCA). Positioned a mere 220 meters from Altona College, the demand for new residences in this coveted neighborhood is ever-present, making this property an enticing prospect for those with an eye for opportunity.
Whether you're an investor seeking immediate returns or a developer with grand aspirations, this property offers endless possibilities limited only by your imagination. Don't miss out on this unparalleled investment opportunity!
This is your golden ticket to real estate success! Nestled within a sought-after locale, this expansive 1,014m2 block of land presents a rare opportunity for astute investors and developers alike. Boasting 8 bedrooms, 4 bathrooms, and 4 car spaces spread across 4 securely leased units, this property promises immediate income generation.
Strategically positioned mere steps away from Civic Parade bus transport, Pier Street shops and cafes, Cherry Lake Reserve, and the idyllic Altona Beach, convenience and lifestyle are at your fingertips. Each unit offers a comfortable 2-bedroom, 1-bathroom, 1-car space layout, fetching attractive rental returns ranging from $220 to $300 per week.
For visionary developers, seize the chance to reimagine this 1,014m2 canvas (approx.) into a bespoke masterpiece (STCA). Positioned a mere 220 meters from Altona College, the demand for new residences in this coveted neighborhood is ever-present, making this property an enticing prospect for those with an eye for opportunity.
Whether you're an investor seeking immediate returns or a developer with grand aspirations, this property offers endless possibilities limited only by your imagination. Don't miss out on this unparalleled investment opportunity!
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
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Contact Paul Tsigeridis to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
8
Bathrooms:
4
Garage Spaces:
4
Property type:
House
Block Size:
1013 m²*
Other Details
Lot:
1
Plan:
TP537395
Legal description:
1\TP537395
Maps and area information
Block information
Block size: 1013m² (approx)
Legal description: 1\TP537395
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
We couldn't find any history for this property.
See Altona's suburb profile
Statement of information
Section 47AF of the Estate Agents Act 1980
Download Statement of Information
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.
Altona suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
43 years
Population
11,490
Listing ID: 182458725. This listing has been viewed 4 times. It was first displayed on 18/04/2024 and last updated on 11/05/2024.
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.