Premium Mountain Top Location Near PLC

This premium property boasts two well-maintained dwellings situated in an exceptional location, mere steps away from Deakin University, Presbyterian Ladies' College, Wattle Park, the golf course, and the picturesque Gardiners Creek Trail. The front dwelling, a charming original two-bedroom classic, offers a versatile layout with a study/third bedroom/sunroom, a bright lounge room, a spacious kitchen, ducted heating, and convenient off-street parking. In the rear of the property, you'll find a one-bedroom unit featuring an open living and meals area, a functional kitchen, and the added benefit of a garage.

This property currently serves as a smart investment, nestled on a single title encompassing approximately 576 square meters. Both homes are currently leased, generating a combined monthly income of $3,106/month(Unit 1 $1868/month; Unit 2 $1,238/month). Alternatively, you can continue to benefit from this lucrative cash flow while exploring the potential to develop a grand single residence or a set of luxurious townhouses (subject to council approval). This location is in close proximity to Wattle Park Primary School, Kingswood College, city-bound trams, and the golf course, making it a promising opportunity for the discerning investor or developer.

In summary, this property presents a unique and attractive proposition with two well-maintained homes on a generous 576-square-meter lot. Its prime location, near esteemed educational institutions, beautiful parklands, and essential amenities, combined with its rental income potential, make it an excellent investment or development opportunity.

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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.

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School catchments

Presbyterian Ladies' College Combined Prep-12 Independent 0.59km
Wattle Park Primary School Primary Prep-6 Government 0.72km
Emmaus College - Burwood Campus Combined Catholic 1.0km
Mount Scopus Memorial College Combined Prep-12 Independent 1.1km
Our Lady of Perpetual Succour School Primary Prep-6 Catholic 1.6km
Kingswood College Combined Prep-12 Independent 1.6km
St Scholastica's School Primary Prep-6 Catholic 2.0km
Roberts McCubbin Primary School Primary Prep-6 Government 2.0km
Hartwell Primary School Primary Prep-6 Government 2.0km
St Dominic's School Primary Prep-6 Catholic 2.1km
Surrey Hills Primary School Primary Prep-6 Government 2.1km
Parkhill Primary School Primary Prep-6 Government 2.1km
Essex Heights Primary School Primary Prep-6 Government 2.3km
Ashwood High School Secondary 7-12 Government 2.3km
Siena College Ltd Secondary 7-12 Catholic 2.4km
Canterbury Primary School Primary Prep-6 Government 2.4km
Our Holy Redeemer School Primary Prep-6 Catholic 2.7km
Strathcona Baptist Girls' Grammar Combined Prep-12 Independent 2.8km
Strathcona Baptist Girls' Grammar - Primary Campus Combined Independent 2.8km
Mount Waverley Secondary College-Junior Campus Secondary Government 3.3km
Camberwell High School Secondary 7-12 Government 3.3km
Our Lady of Sion College Secondary 7-12 Catholic 3.5km
Mount Waverley Secondary College Secondary 7-12 Government 3.6km
Box Hill High School Secondary 7-12 Government 3.8km
Box Hill Senior Secondary College Secondary 9-12 Government 3.9km
SEDA College (Victoria) - Cricket Australia - Box Hill Secondary Independent 3.9km

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.

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