Description

Showcasing approved plans for a two lot, side-by-side development this allotment presents the best of both worlds with the original dwellings promising long-term secure rental returns of $1100 per fortnight to enhance the investment of this approved development opportunity.

Currently both homes leased month to month. The front dwelling is a 3 bedroom, 1 bath with two vehicle carport. Rental approx. $350 PW. The dwelling in the rear is a 1 bedroom, 1 bath. Rental approx. $200 PW.

Immersed in the seaside landscape, a position amongst Rosebud’s signature avenues inspires an uncomplicated summer dream where sandy footsteps lead to picture perfect coastline, local shops and a bustling summertime ambiance only 400 meters to the foreshore.

The purchase of this allotment is bolstered by an approved planning permit with 3D renders for a side-by-side development of two single-level dwellings. Envisioned to feel at home amongst the landscape, the current drawings allow scope to embellish internal and external spaces with a personal choice of finishes. Identical in design the drawings allow for an effortless investment with a seamless development trajectory. Situated 400m (approx.) from the shoreline, a location loved for care-free summers sits ready for redevelopment.

The two proposed future plans offer two bedrooms, master with ensuite & WIR, study nook and single lock garage, each being approx. 19 squares in size on approx. 293m2 lots.

Promising time to finalise the finishing touches, two long-term lease agreements create flexibility with immediate investment returns. Positioned in the undulations of Rosebud’s sandy landscape, this convenient location highlights the combination of coastal allure and sensible proximity to lifestyle amenities. Local schools, shopping centres and medical facilities remain easily accessible whilst Peninsula Link promises a 70min (approx.) trip to Melbourne’s CBD.

For further information contact the agent Rob Lewis on 0450 209 007 and see our website www.seachange Property.com.au for Open for inspection times.

• Floor Plans