House for sale
1 Glendale Grove,
2 1 2
DEVELOP BRAND NEW TOWNHOUSESDevelopers this one is for you!
A fantastic 898m2 block of land with all services available, perfectly located only short 5 minute stroll to the beautiful beach & popular dining precinct the ever growing McCrae has to offer.
Ripe for development, this is a superb opportunity to build brand new townhouses (S.T.C.A.) being a corner block, lends each townhouse to the possibility of their own street frontage and a potential water view from the second storey.
Currently the property is home to a 2 bedroom relocatable residence, Tenanted returning an income of $1,105 per calendar month. Whilst obtaining permits you are still receiving an income.
Such a highly desirable property for the astute investor with Peninsula Link and Freeways opening up this side of the Mornington Peninsula, McCrae is fast becoming a very inviting and valuable location for the both the commuter & holiday maker.
Call Exclusive Agent, Richard Whitehead 0412 328 718 for further details.
Last updated: 08:40AM on Sep 22nd 2018