Sensational Investment Opportunity in the Heart of Boronia

41 Erica Avenue, Boronia, 3155

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Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 660 sqft
  • Bedrooms 3
  • Bathrooms 2
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 3
  • Garage: 1
  • Open Spaces: 2

Property Overview

This generous corner plot of approximately 659.9 sqm is located in the heart of central Boronia literally steps away from the train station. The property currently includes two dwellings on separate titles. The larger includes two bedrooms, both with walk in robes as well as a spa equipped bathroom, lounge and kitchen dining area. The smaller property has one bedroom, an open living / dining area, kitchen and full bathroom. Both properties have off street parking available.
A number of possibilities exist for buyers as the two properties are move in ready with the option to occupy one and rent the other, rent both, or combine the properties into the one holding (STCA) and renovate. Astute investors will be quick to spot the potential for total redevelopment of the site by removing the existing buildings and constructing a number of new dwellings (STCA). The appeal to potential owner occupiers and tenants of any development is undeniable given the amazing central location. Major supermarket chains, restaurants and hospitality businesses are all within easy walking distance, as are local parks and recreation facilities. Commuters can leave the car at home as Boronia Station is almost directly opposite. Other nearby amenities include Boronia K-12 College, Tormore Reserve, the Tim Neville Arboretum, St Joseph's Primary, Chandler Park, Eastlink and Westfield Knox. The site includes easy access from a sealed road and all services are available.
If you are on the hunt for a fantastic property to add to your investment portfolio this exciting property might be just what you're looking for. Alternatively, if you are a developer looking for a very special property in an incredible location, the option to totally redevelop this site (with the appropriate council approval) into something very special indeed is sure to get your pulse racing!

On Site Auction Saturday 17th of April at 1:30pm

To view the statement of information click the below link:
https://drive.google.com/drive/folders/1w_iD7stvkWFJ3RBsF6qYx2joWkvpzW3G?usp=sharing

Location on Google Map

41 Erica Avenue, Boronia, 3155

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