Currently leased for $23,988 per annum, this home offers a guaranteed development opportunity with all the risk being removed. This rare 1,130sqm block is ready for subdivision, with council approved plans and permits for four new dwellings. Located in the heart of Boronia and close to all amenities, this project is sure to have fantastic re-sale prices once completed. With all the hard work done, you just need to start the build!
The proposed mix of single and double storey units are well designed to meet a range of buyers needs and budgets consisting of two and three bedrooms floorplans.
Boronia is an established family suburb in high demand. Residents have access to many diverse facilities close by. The area boasts leafy green parks and reserves, bus services, train station, multiple nearby shopping areas including Westfield Knox, the choice of various primary and secondary schools, as well as several sporting facilities including fields, ovals, bike tracks and Knox Leisure Works. The nearby Eastlink freeway allows for direct, non-stop access to the city within a 40 minute drive, and access to popular beaches and holiday spots within 45 minutes in the other direction.
Proudly Marketed By Harcourts Boronia. Photo ID Required At Inspections.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 3 | 2 | -m2 | Year 2024 Month 08 Day 11 | $751,000 | Council approved | |
 | 0.23 km | 3 | 2 | -m2 | Year 2024 Month 08 Day 09 | $887,000 | Council approved | |
 | 0.13 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 01 | $605,000 | Council approved | |
 | 0.14 km | 2 | 1 | -m2 | Year 2024 Month 07 Day 24 | $580,000 | Council approved | |
 | 0.16 km | 3 | 2 | -m2 | Year 2024 Month 07 Day 19 | $801,000 | Council approved |