Name: 32 Tambo Avenue, RESERVOIR, VIC 3073
Address: 32 Tambo Avenue , VIC, Reservoir, VIC, 3073
Telephone: +61 447 556 210

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SOLD

32 Tambo Avenue, RESERVOIR, VIC 3073

Properties / Sold / Victoria / Reservoir

Development Potential

1. Property Summary

Property Type

Residential

Sub Type

Townhouse Sites

Land Area

648 m² (*approx)

Selling Method

For Sale: ONSITE AUCTION - $1,050,000 - $1,150,000

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2. Property Highlights

A profitable corner

Dare to dream of what you are able to create on this first-class development site, positioned on the fringe of Reservoir's highly sought after Oakhill Estate (STCA). Less than 14kms from Melbourne's CBD and enjoying swift and convenient access to public transportation, Broadway and Edwardes Street shops and cafes, Plenty Road eateries, Northland Shopping center, Latrobe University, local parklands and a number of primary schools in the surrounding area, your brand new creation will stand to benefit from the superior level of convenience this notable location delivers. Currently occupying a dream, highly desirable and not often attainable, corner allotment of 648sqm, this original timber home currently offers an attractive rental income of approximately $1,610 per calendar month, whilst you wait for your plans and permits to be approved by the council. Featuring a spacious living area with an electric heater, three bedrooms serviced by a main family bathroom, a well presented kitchen with modern appliances, two car spaces from the front and side plus an easy-care backyard. Be quick to inspect as golden opportunities like this one don't stay on the market for too long.

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Development Potential