Development Site (STCA) of 1,026m2 with Two Street Entrance.
An outstanding opportunity for serious investors, developers and self-funded retirees, these four single-level villas are all currently tenanted and occupy an impressively large allotment of 1,026m2 approx. in a quiet tree-lined street moments from the open spaces of All Nations Park. Access to this site is from Christmas St and Wales St (with a discontinued lane forming part of current sellers ownership.)
To be sold as one, each home offers a similar layout (two generous bedrooms, central bathroom, open living/meals area and adjoining kitchen) and have all been tastefully updated offering a quality low-maintenance lifestyle as well as attracting an impressive yield in return (approx $120K per annum combined).
All filled with natural light, the villa’s also include split-system heating and cooling, solid hardwood floors, dishwasher and stainless-steel cooking appliances, plus designated off-street parking. A rewarding investment now and into the future with the potential to sub-divide (currently all on one title) and sell-off individually at your discretion.
Enviably positioned, it’s also walking distance to High Street cafes and trams, shops and supermarkets, as well as Northcote Aquatic Centre and popular schools (zoned to Westgarth Primary School and Northcote High School).