1 Paterson Street, Croydon North, Vic 3136
Sold: $1,075,000 (12-08-2016)- hotel 3
- hot_tub 1
- directions_car 2
Let's get straight to the point here. No one needs all the flowery words and superfluous sentences.
This is a development site, pure and simple. It's on 1,266 m2 of land and is zoned GRZ1. There are no easements along any of the fence lines and it borders the Croydon North Shopping Plaza.
The house that currently sits there is an older 3 bedroom brick veneer house in need of significant work and the backyard houses an additional bungalow.
There are some trees on the block but we have made no investigations to any of the local authorities as to the likelihood of their removal, you will have to satisfy yourself on that matter.
The block is flat and is walking distance to all the shops and cafes that Croydon North has to offer.
So now it's up to you. Sit down with your spreadsheets and crunch some numbers. Work out what you would use it for and how much money would be in it at the end of the project and come up with some reasonable offers for us.
We are under instructions to secure the best money we can get for the site but make no mistake, this property will be sold.
Get to work on your due diligence and call us if you need some recent sale prices of townhouses and the like in the area, we will be more than happy to help.
Big blocks are harder and harder to get, don't let this one slip through your fingers.