163 Mount Dandenong Road, Croydon VIC 3136
$820,000 - $860,000
CENTRAL CROYDON – DEVELOP – NEST – INVEST House - Property ID: 966218
It’s rare that an opportunity comes to market that suits a wide variety of buyers, as this home! If you are looking for development potential, central Croydon living, or an investment opportunity in an amazing location, then this property is certainly one to consider.
A near level parcel of land measuring 768m2 (approximately) and zoned GRZ1 in central Croydon. Located in the popular pocket just 250m from the Croydon Main St, this character weatherboard contains 3 bedrooms, 2 bathrooms, study/4th bedroom and 2 separate living areas. Storage in the roof space has been added of approx. 40m2 to hide away any personal items not readily required. Featuring an updated kitchen and bathroom installed in recent years, plus solar panels on the roof, a huge savings on energy bills. This home would perfectly suit to lease to a tenant while you prepared your development application to council (STCA), or you could simply enhance the existing property with your own personal touches, to one day call home.
For the savvy investor this property presents the prospect of splitting the home, and creating 2 separate tenancies (STCA), perfect for some additional income while your ultimate plans are being considered. With only a stones’ throw to the Croydon shopping precinct, and surrounded by quality schools like Yarra Valley Grammar, Luther College, Tintern and local Primary Schools, the potential here for an astute developer, investor or owner occupier is very positive. Don’t delay, development opportunities, and homes in walking distance to Croydon are hard to come by. Don’t delay, and inspect today!
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- Land Size Approx. - 768 m2