22 Henry Street, Doncaster, Vic 3108
Sold: $1,450,000 (07-16-2011)- hotel 4
- hot_tub 2
- directions_car 2
Measuring an astounding 1300m2 (approx) on the footsteps of Ruffey Lake Park, opportunities to develop and invest in such a prime location are few and far between.
Couple the close proximity of Westfield Shoppingtown, Aquarena Leisure Centre, public transportation and the ease in which the Eastern Freeway can be accessed and it's understandable that this location presents a highly desirable investment and development opportunity.
Furthermore, the property enjoys dual street frontage from Henry St and Clancys Lane, meaning the choice is yours to build two luxury residences - one on Henry St and one on Clancys Lane - or split your land four ways with option of multiple townhouse development (STCA)!
The sizable (and flat!) allotment currently accommodates a spacious four-bedroom plus study home with living areas of very generous proportions, meaning astute investors have a fantastic opportunity to capitalise on the great investment opportunity by renting the property whilst the planning is approved. And given the property is currently yielding a great rental return and is leased until the end of year, it's a safe and sound investment!