Step into a unique property brimming with potential, offering not one but two dwellings on a prized 728m? block in the heart of Springvale. Whether you're an investor seeking steady returns or a visionary looking to redevelop, this versatile gem is your canvas for success.
The front residence boasts a spacious lounge, 3 bright bedrooms, a central bathroom, and a cozy sunroom-ideal for a growing family. The private garden creates a peaceful retreat, while the rear self-contained 2-bedroom bungalow features its own kitchen, lounge, and bathroom with spa, offering independence or a second source of income.
Currently generating a combined rental income of $2,760 per month, this is an investor's dream with immediate returns. Need room for vehicles, tools, or hobbies? The property includes ample off-street parking and a large steel garage.
But the real magic lies in the future possibilities. Envision redeveloping the site into modern townhouses or crafting a stunning new family home. Positioned within walking distance to Sandown Station, Heatherhill Primary School, and Burden Park, this location blends convenience with lifestyle appeal.
Don't miss this rare chance to secure a high-growth investment or build your dream in one of Springvale's most sought-after areas. Explore this exciting opportunity and take the first step toward unlocking the potential of Lucky No. 8!