AUCTION Saturday 29TH of April@11am $2mill-$2.2 mill

With Melbourne set to become the most populist city in the nation by 2025 and nearby residential developments commanding more than $500,000 for apartments, this development represents an excellent return for a savvy developer who can recognise the demand coming our way.<br/><br/>-Currently 2 renovated homes with an estimated rental of approx. $1,000 per week<br/>-Council approved plans for 20 apartments, 3 Storey residential development with basement carpark<br/>-Highly coveted Growth zone with scope to amend existing plans to accommodate 4 storey/Penthouse/ground level child care facility (STCA).<br/>-Total land size 1208 sqm (approx.) with north facing 30-meter frontage<br/>-Rear lane access provides a genuine residential entry/exit point from basement carpark<br/>-1 min stroll to newly built state-of-the-art Thomastown train station/High St retail precinct/banks/post office<br/>-20 min travel time to Melbourne International Airport (approx.)<br/>-30 min travel time to Melbourne CBD (approx.)<br/>-The first multi-level residential development approved by council on The Boulevard.<br/>-On site Auction<br/>-53 The Boulevard will be sold with tenancy (month by month)<br/>-47 The Boulevard will be sold with vacant possession.<br/><br/>Bed 5 Bath 2 Car 4 Land 1208sqm<br/><br/><br/>