63 & 63a Cambridge Road, Mooroolbark VIC 3138
$880,000 - $960,000
POTENTIAL 4 UNIT SITE WITH DUAL INCOME OF APPROX $700pw House - Property ID: 954636
Often sought but rarely found this totally captivating weatherboard three bedroom home tucked away privately and securely on a 1000m2 (approx.) block is brimming with potential for investors and developers, the site is large enough for four units (STCA) or anyone simply looking for a delightful home with extra accommodation. Filled with the charm and character of a bygone age the home features airy light filled rooms, warm polished hardwood floors, sash windows and higher ceilings.
You’ll love the enchanting formal living and separate dining room. Open the door from this light filled space to a covered decked al fresco area overlooking the private garden backing on to Yarra Hills Secondary College, ideal for entertaining family and friends. The home also offers three bedrooms; the master particularly spacious with a large sash window flooding the room with natural light, a neat updated kitchen, renewed modern family bathroom, split system air conditioner and a large double lock up garage with extra storage and the added convenience of internal access. But that’s not all!
There’s also a fully renovated, self-contained one bedroom character cottage with its own back garden. Both properties can be rented individually. Situated in a leafy pocket this delightful property is just a three minute drive or fifteen minute walk to Mooroolbark station (according to google maps) and offers a range of possibilities with subdivision potential for a 4 unit site. Come and see what you think.
Potential rental return of approx $700pw.
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- Land Size Approx. - 1069 m2