The Ultimate Investment with Rooming House Permit Or Redevelopment Option In The MWSC Catchment
This 6 Bedroom single-level home represents a unique opportunity, offering significant rewards and returns over the immediate, medium and long terms. Scope to renovate and add value to the present day proportions will maximize today's income stream while options for redeveloping the entire site (STCA) are encouraged by an allotment measuring 836 sqm (approx). Such a substantial parcel of land located in the MWSC catchment and walking distance to trams, buses, Deakin University, PLC, shops and parklands, inspires ideas for making the utmost of this outstanding opportunity. A current licence for rooming house accommodation further defines a property with a sensational upside and long term investment credentials.