Secure a development site with approx. $1,300 per week return
Set on an elevated 713sqm (approx.) freehold site, well outside the flood zone, this is an exceptional opportunity for developers, investors, land bankers — and savvy home buyers alike.
With Mixed Housing Suburban zoning and services already on site, the property offers exciting future potential, subject to council approval.
Adding immediate appeal are two separate dwellings, each comprising 2 bedrooms, 1 bathroom, and a lock-up garage. Together they deliver a strong combined rental return estimated at approximately $1,300 per week — providing solid income while you plan your next move.
Flexible Living for Home Buyers
This property isn’t just about future gains — it offers smart living options today:
- Move into 1/3 Cheryl, a newly renovated home offering a quality lifestyle
- Rent out the second for additional income
- Enjoy the space, hold long-term, and benefit from capital growth
- Land bank for future development potential
Whether you're looking to offset your mortgage, create a multi-generational setup, or secure a foothold in a premium location, this is a rare chance to do it all.
Prime Location:
Positioned in the highly sought-after zones for Westlake Boys' High School and Westlake Girls' High School, and just moments from motorway access, shopping, cafés, and everyday amenities — this is a location with proven and enduring demand.
Key Features:
- Elevated 713sqm (approx.) freehold site
- Well outside the flood zone
- Mixed Housing Suburban zoning
- Services on site
- Two separate dwellings on separate title
- Each dwelling offers 2 bedrooms, 1 bathroom, and lock-up garage
- Estimated combined rental return of approx. $1,300 per week
- In double Westlake school zones
- Close to motorway access, shops, and cafés
- Excellent hold, develop, or land-bank opportunity
Call now for more information and secure this opportunity before it’s gone.
