Calling all visionaries take a good look at your options here and realise this incredible investment opportunity.
With 2 perfectly serviceable units available this creates a valuable income stream until your development plan is actioned.
The units themselves are neat and tidy and have character features indicative of their era and given the current rental market and desirable location are likely to be snapped up by eager prospective tenants.
The development opportunities available here are boundless
Use the large block to build your dream home and have heaps of land for the whole family OR Build either a duplex pair and yield a higher rent OR Take advantage of the R25 zoning with the 1022 sqm block and build triplex trio , live in one yourself and rent 2 out ! Or simply sit on the current units and continue as a rent source until you are ready to develop, it’s money in the bank and a nest egg for your future.
Whichever path you take you simply cannot go wrong, come and see what option suits you best!!
Disclaimer: The information provided herein has been prepared with care however it is subject to change and cannot form part of any offer or contract. Whilst all reasonable care has been taken in preparing this information, the seller or their representative or agent cannot be held responsible for any inaccuracies. Interested parties must be sure to undertake their own independent enquiries.
This property at 329A & 329B The Strand, Dianella is a four bedroom, two bathroom duplex sold by Cheng Liu at RE/MAX GBT Realty on 01 Nov 2021.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Dianella or see other recently sold properties in Dianella.
Dianella is a large established suburb that experienced its most significant development during the 'boom' years of the 1960s. Characterised by a variant range of home styles, Dianella has everything from modest post-war dwellings to expansive, contemporary double-storey homes dominating its landscape.
The Dianella Regional Open Space is a significant fixture of the suburb. Located in the heart of Dianella, the space is a landmark of the community providing locals with numerous recreational opportunities and includes a community centre, tennis courts and a soccer field. The suburbs main shopping centre is the Dianella Plaza, however there are a number of other small shops throughout that cater to basic retail requirements. Also in Dianella are several schools, a public library and a senior citizens centre.