68 Grieve Parade, Altona, VIC 3018

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 $320 to $325 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!