12 Queen Street, Blackburn, Vic 3130

A significant opportunity to acquire two residential properties being sold as one in a central and high density location ideally suited to a boutique four storey, or more, apartment development with potential basement parking (STCA).

Total land area = 1,534m2 (approx). Each property has significant rental income opportunities while plans and permits are being sought.

An attractive circa 1930 weatherboard residence includes 3 bedrooms and a study, while the substantial solid brick 1960 two storey house is in immaculate original condition and comprises 5 bedrooms, lounge and dining rooms, kitchen with meals area, 2 showers and toilets, upstairs balcony, garage, numerous storage facilities, plus a westerly rear garden.

This is an increasingly rare opportunity to develop prime real estate with multi storey opportunities in a highly sought after and convenient residential locale within a short walk to Blackburn Train Station, the renowned Blackburn Lake Sanctuary and a thriving local shopping centre. Prime position, prime prospects and prime returns.