1 Lionel Street, Doncaster East, Vic 3109
Sold: $758,000 (08-06-2011)- hotel 3
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It's one thing to have convenience courtesy of an enviable location, but when coupled with a property that's rich in potential, you truly are spoiled. And that's exactly what this property offers: a premium opportunity that astute investors, developers and first homebuyers will find it too good to refuse.
A sizable allotment measuring 875sqm (approx) lends itself to a host of opportunities. Capitalise on the large parcel of land by building two or three investment units, a couple of modern Townhouses or that dream family home (STCA) in a location designed for family living, given its walking distance access to Beverley Hills Primary School, public transport, Devon Plaza and Tunstall Square. Additionally, the home is East Doncaster Secondary College zoned and only a few minutes away from the Eastern Freeway - ideal for city commuters!
The perfect location will allow investors to rent out the home while plans and permits are finalised, while the spacious floorplan and classic features will appeal to renovators and first homebuyers looking to make their mark with a modern makeover.
Light and bright living areas enjoy plenty of space, while a sizable kitchen provides plenty of floor and bench space for the aspiring cook! Clever zoning also successfully separates the generous-sized bedrooms away from the central living areas to ensure occupants are granted an element of privacy.