Residential
Explore
Sold
68 Grieve Parade,
Altona 3018, Victoria
$1,400,000
Property details
-
Agents
Investment Opportunity: Prime Development Site with Secure Leased Units
Unlock the potential of a 1,013m² land parcel with 4 units.
This is your golden ticket to real estate success! This large 1,013m2 land block in a desirable location offers a unique opportunity for investors and developers. This property features 8 bedrooms, 4 bathrooms, and 4 car spaces across 4 leased units, offering instant income potential.
Conveniently located just steps from bus transport at Civic Parade, Pier Street shops, cafés, Cherry Lake Reserve, and Altona Beach, this area offers an ideal lifestyle. Each unit offers a comfortable 2-bedroom, 1-bathroom, 1-car space layout, fetching attractive rental returns ranging from $320 to $325 per week.
Visionary developers take the opportunity to transform this approximately 1,013m² space into a custom masterpiece (subject to council approval). Located just 220 meters from Altona College, this property offers a great opportunity due to high demand for new homes in the area.
This property provides endless opportunities for both investors looking for quick returns and developers with big dreams. Don't miss out on this unparalleled investment opportunity!
This is your golden ticket to real estate success! This large 1,013m2 land block in a desirable location offers a unique opportunity for investors and developers. This property features 8 bedrooms, 4 bathrooms, and 4 car spaces across 4 leased units, offering instant income potential.
Conveniently located just steps from bus transport at Civic Parade, Pier Street shops, cafés, Cherry Lake Reserve, and Altona Beach, this area offers an ideal lifestyle. Each unit offers a comfortable 2-bedroom, 1-bathroom, 1-car space layout, fetching attractive rental returns ranging from $320 to $325 per week.
Visionary developers take the opportunity to transform this approximately 1,013m² space into a custom masterpiece (subject to council approval). Located just 220 meters from Altona College, this property offers a great opportunity due to high demand for new homes in the area.
This property provides endless opportunities for both investors looking for quick returns and developers with big dreams. Don't miss out on this unparalleled investment opportunity!
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.
Explore the area
School catchments
- Altona College Combined Prep-12 Government 0.29km
- Altona Primary School Primary Prep-6 Government 0.55km
- Mount St Joseph Girls' College Secondary 7-12 Catholic 0.64km
- St Mary's School Primary Prep-6 Catholic 0.89km
- Seaholme Primary School Primary Prep-6 Government 1.9km
- Queen of Peace Primary School Primary Prep-6 Catholic 2.7km
- Altona Meadows Primary School Primary Prep-6 Government 3.5km
- St Martin de Porres School Primary Prep-6 Catholic 3.9km
- St Leo the Great Primary School Primary Prep-6 Catholic 3.9km
- Bayside P-12 College-Altona North Campus Combined Government 3.9km
- Altona Green Primary School Primary Prep-6 Government 3.9km
- Altona North Primary School Primary Prep-6 Government 4.0km
- Emmanuel College Secondary 7-12 Catholic 4.1km
- Laverton P-12 College Combined Prep-12 Government 4.2km
- Australian Islamic Centre College Primary Prep-6 Independent 4.3km
- Bayside P-12 College-Paisley Campus Combined Government 4.5km
- Newport Gardens Primary School Primary Prep-6 Government 4.8km
- Williamstown High School-Bayview Campus Secondary Government 5.8km
- Bayside P-12 College Combined Prep-12 Government 5.9km
- Williamstown High School Secondary 7-12 Government 6.7km
- Westbourne Grammar School - Williamstown Campus Combined Independent 6.9km
- Emmanuel College - Notre Dame Campus Secondary Catholic 6.9km
- Saltwater P-9 College Combined Prep-9 Government 6.9km
- Carranballac P-9 College Combined Prep-9 Government 7.1km
- OakTree College Secondary 11-12 Independent 7.1km
- Homestead Senior Secondary College Secondary 10-12 Government 7.3km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.