Huge development potential on approximately 1,008sqm!
Situated at the very edge of Kew Junction's mouth-watering fresh food and restaurants, boutique shopping, and city-bound transport, these four allotments spanning an approximate total of 1,008sqm are a rare find indeed! Providing instant income potential with two updated homes, the site is a wellspring of potential, making them a standout both today and into the future.
Zoned as Commercial 1 and General Residential 4, the options for the sites are boundless, adding to a vibrant and leafy streetscape of businesses, apartments and houses. Fulfilling a demand for higher density housing, the site is suitable for a mix of low-rise apartments and triple-storey townhouses (subject to council approval).
Offering updated interiors for modern living, the current homes are ready for tenants to move straight in, providing income while awaiting plans and permits. Each home provides two bright and roomy bedrooms with built-in robes sharing a fully tiled bathroom, plus a spacious family room for relaxation and dining, connecting with a fully appointed kitchen dressed in sleek stone benches and contemporary cabinetry.
Outside, each home accommodates off-street parking, including right-of-way access to 94 High Street South, in addition to expansive room for alfresco entertaining. With every amenity at its doorstep, plus easy access to the Yarra River's endless recreation, leading public and private schools, and the Eastern freeway for a quick trip to city or coast, these sites offer thrilling possibilities for today and tomorrow.