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1869sqm CORNER SITE IN CENTRAL EPPING
$790,000 **34 Narina Way & 3 Aranda Place**
One of the most flexible development projects in years with planning permit allowing a 6 lot subdivision. Proposed are two 2 bedroom plus study, double storey townhouses with 2 bathrooms and garage and one single storey, 2 bedroom dwelling with garage. Now this is where it gets interesting. Already in place you'll find a substantial 4 bedroom brick veneer home in good condition and two 2 bedroom renovated units (one is currently let at $11,472pa and the other has a potential return of $12,480pa) providing the perfect income stream whilst you build or sell off as you go along. Alternatively, demolish and start all over again. A blank canvas just waiting for a clever architect's impression to maximise this wonderful site (STCA). Capital growth assured with Epping railway station, Epping Plaza and Northern Melbourne Institute of TAFE all nearby. Outstanding opportunity with plenty of options. Once sold there is not another one like it. Act quickly!
One of the most flexible development projects in years with planning permit allowing a 6 lot subdivision. Proposed are two 2 bedroom plus study, double storey townhouses with 2 bathrooms and garage and one single storey, 2 bedroom dwelling with garage. Now this is where it gets interesting. Already in place you'll find a substantial 4 bedroom brick veneer home in good condition and two 2 bedroom renovated units (one is currently let at $11,472pa and the other has a potential return of $12,480pa) providing the perfect income stream whilst you build or sell off as you go along. Alternatively, demolish and start all over again. A blank canvas just waiting for a clever architect's impression to maximise this wonderful site (STCA). Capital growth assured with Epping railway station, Epping Plaza and Northern Melbourne Institute of TAFE all nearby. Outstanding opportunity with plenty of options. Once sold there is not another one like it. Act quickly!
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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