20 Orchid Avenue, Boronia, Vic 3155

Positioned in a court in what is surely one of Boronia's most convenient locations; next to major shopping areas, train and bus station, schools, parks and the swimming centre, this is a prime piece of land of approximately 975m² with a Residential 1 zoning. This represents a perfect development opportunity for a 12-15 apartment block (STCA) in a highly sought after street with other apartment style dwellings. The existing home on the block is a very neat 2 bedroom weatherboard with the potential to bring in around $290 per week in rent providing you with some income while you wait for your plans & permits to come through. This is a rare investment opportunity for the astute developer with a keen eye for fantastic real estate!

Proudly Marketed by Harcourts Boronia & Ferntree Gully. Photo ID Required.