24 Lacebark Street
Doveton vic 3177

Located in a quiet street, within very close proximity of Linden Place shopping strip and Minaret and Ilim Colleges, lies this good affordable opportunity.

The home is positioned on a level and rectangular allotment of 585m2 (approx.) and is ripe for redevelopment with several possibilities as follows:

Option 1: With a dual occupancy sitting alongside it at number 26, this demonstrates the potential for further development of the site with a second dwelling, whilst retaining the existing dwelling.

Option 2: A proposed plan showing the potential for further development of the complete site has also been compiled by an architect for the construction of three brand new dwellings.

Option 3: Another alternative is for the development of the site with a premium new home, like that being constructed at the rear of the property at No. 23 Waratah St.

All these options are subject to council approval but demonstrate the great future potential at this location.

The existing home comprises a very large lounge room with polished floor boards, which welcomes you as you enter the dwelling. The adjoining kitchen is complete with wall oven, gas hotplates and rangehood as well as modern floor tiling. Three bedrooms can be found along a hallway to the left of entry, and all are generous sizes. The family bathroom and toilet are positioned along the hallway.

In the rear yard there is a garden shed as well as a large garage/workshop facility.

Ducted heating and a wall air conditioner provide climate comfort.

Currently tenanted and returning $330pw on a periodic tenancy, with potential for rent increase. Hence for investors, a further option exists to buy and hold as an investment property with the myriad of options available to you in the years ahead.

Sit back and watch the continuing transformation of this area in the years to come and take advantage of the price appreciation which is bound to continue in the future.

Whatever the option that is of interest to you be sure to inspect and capture this fantastic and affordable opportunity today.

Photo I.D. required at all inspections.

DISCLAIMER:

The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.