Sold

35 & 35A Cinerea Avenue,
FERNTREE GULLY 3156, Victoria

4 bedrooms
2 bathrooms
2 car spaces
785m² land size
House

$1,055,000


Property details

The opportunities are endless, returning $3,020 pcm!

THE PROPERTY
A truly unique offering with personality and a superb position, this flat 785sqm (approx.) land holding with a duplex site makes for a great potential as an investment or future development site. Comprising two properties joined side by side, it presents as the ideal opportunity to live in one and rent out the other or keep both leased returning 3,020 per calendar month, or make grand plans to build your own dream home or better yet, knockdown and rebuild 2 townhouses side by side (STCA) taking advantage of 22m frontage. Each property contains 2 bedrooms, 1 bathroom, kitchen, living/dining & laundry. large bedrooms that share the main bathroom. One of the two has recently been renovated whilst the other provides scope for improvement.
(Pictures online are for the un-renovated unit, pictures for the renovated unit will be available early Jan.)

Number 35 is currently leased at 1,586 per calendar month and Number 35A is currently leased for $1,434 per calendar month with a lease in place until the 27th May 2023.

THE FEATRUES
• Large & flat 785sqm (approx.) allotment
• Ideal for investors or developers
• Duplex site with 2 properties attached side by side
• Live in one and rent out the other
• Knockdown and build your dream home or multi-unit site (STCA)
• Each property contains 2 bedrooms, 1 bathroom, and single garage

THE LOCATION
A premium position, you're located close to Mountain Gate Shops, Mountain Gate Primary, Wattleview Primary, Pickett Reserve, FTG Station, Westfield Knox, and Eastlink.

On Site Auction Saturday 29th of January at 3pm

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

  • Cocos Islands District High School Combined K-10 Government 17,061.4km
  • Cocos Islands District High School - Home Island Campus Combined Government 17,061.4km
  • Christmas Island District High School Combined K-12 Government 16,423.1km
  • Exmouth District High School Combined K-12 Government 16,710.7km
  • Carnarvon School Of The Air - Coral Bay Campus Primary Government 16,816.7km

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

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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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