Sold

25 Cypress Avenue,
Boronia 3155, Victoria

3 bedrooms
2 bathrooms
4 car spaces
986m² land size
House

$1,020,000


A unique dual income rental with development potential

Government directions require all open home attendees to be fully vaccinated. If you are fully vaccinated you are welcome to attend one of the advertised open for inspection times, where proof of vaccination is required prior to entry. If you are not fully vaccinated and would like to view this home please contact our team to organise a private inspection. We thank you for assisting us as we implement directions from the Victorian government.

THE PROPERTY
Set on around 985m2 of land near central Boronia, this home presents many options for its new buyer including homeowners, extended families, investors and even developers. As it stands, the home has been divided into 2 individual rental properties giving you the potential for instant and substantial income. Alternatively, with this much land available there is potential to level it and either a luxurious family home or up to 3 units or townhouses that are always in high demand (building options are STCA). The front part of the home features polished timber floors throughout, a generous lounge/dining room with gas heater and split system air conditioner, a modern kitchen with stainless steel appliances, 2 large bedrooms and a bathroom with included toilet. The rear section features its own entry with covered deck, a lounge/dining room, kitchen, bathroom and large bedroom. Outside there's a big north facing backyard and great car accommodation between the double carport and double garage.

THE FEATURES
• A well maintained home on around 985m2
• Currently divided into 2 separate rentals
• Potential 3 unit development (STCA)
• Great rental income potential
• Lounge/dining & modern kitchen
• Gas heater & split system air conditioner
• 2 large bedrooms
• Rear unit with 1 bedroom, living area & kitchen
• A double garage & double carport

THE LOCATION
With everything from buses running in the street to having central Boronia's shops, cafes, cinema and train station all just a short walk away, the location of this property is a real key to its appeal.

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

  • St Joseph's Primary School Primary Prep-6 Catholic 0.79km
  • Dillbadin Primary School Primary Prep-6 Government 0.88km
  • Boronia K-12 College Combined Prep-12 Government 0.95km
  • Wattle View Primary School Primary Prep-6 Government 1.2km
  • Fairhills Primary School Primary Prep-6 Government 1.6km

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.


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