Don't miss this unique opportunity to acquire a substantial re-development opportunity with this corner allotment in a desirable location in Albion, the next up-and-coming area of Melbourne's West. Sitting on a large allotment of 462m2 (approx.), this property has huge upside for its new owner.
The current home is old however, it is currently rented and comprises 3 bedrooms, open plan kitchen dining living, central bathroom and laundry. A large double garage provides car accommodation. The home features include split system heating/cooling, ceiling fans, laminated flooring, functional kitchen cabinetry, and solar electricity panels.
The property has previously had an approved planning permit to redevelop two 3 bedroom homes, however there would be scope to re-model the development in a new application (STCA).
Superbly located just 800 metres from Albion train station, Albion primary school, a short drive to Sunshine Market place shopping center and Hampshire Road restaurant strip, parks, sporting facilities and other general living amenities.
Key feature of this property's location is its proximity to take advantage of the future uptake in value with the redevelopment of the Albion and Sunshine train stations along with all the associated growth of infrastructure that will be brought by the airport train link development utilising the Albion and Sunshine area as its Hub. Close by access to main arterial roads provides easy travel to Highpoint Shopping Complex, Sunshine Hospital, airport, and Melbourne's CBD (approx. 12km).