Development site ready and waiting to go!
405 Reid Avenue, Lavington
405 Reid Avenue, Lavington
Ready, set, go! We have the block for you.
* 945.5m2 Corner Block.
* Positioned on Reid Av & Kemp St, this central location has a major shopping centre just a 5 min walk away.
* Approved torrens title sub-division of block from council.
* Existing House on 490m2 (block 1), currently rented at $320pw.
* 456 m2 approved removal of shed (block2)
* Plans for Duplex 2 bedroom / 2 bathroom units.
* Potential rent of units $400pw each
Projected gross rental income in current market conditions of $1120 p.w
Albury Wodonga continues and is projected to experience stable and exciting growth, proving to be a regional hub with strong investment qualities.
This opportunity allows the savvy developer, investor or builder to deliver a sought after and profitable housing solution, and speed the process up with planning consent for subdivision already in hand.
Get in touch with Jo on 0407 462 278 or Royce on 0450 566 402 now.
https://www.consumer.vic.gov.au/duediligencechecklist
405 Reid Avenue, Lavington |
|
|---|---|
| Price: | SOLD |
| Property Type: | House |
| Location: | 405 Reid Avenue, Lavington |
| Bedrooms: | 2 |
| Bathrooms: | 1 |
| Car spaces: |
|
| Land Size: | 946m2 |
