29 Derby Crescent, Caulfield East, Vic 3145
Sold: $1,071,000 (11-19-2016)- hotel 3
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A brilliant opportunity waiting for developers or new home builders to snap up this property on 656sqm approx. enhanced by an ultra-convenient location in Caulfield just a short clip clop from Caulfield Racecourse and minutes from great local amenities including Monash University and its public transport hub, numerous shopping areas such as Coles Caulfield complex, Koornang and Glen Huntly Roads with both Chadstone and Caulfield Park close at hand; all reinforcing its lifestyle benefits.
This super site is perfect for the construction of a luxurious new home or to design and build dual townhouses (STCA) capitalising on the excellent prospects for future capital gains and investment potential with the demand for rental accommodation in this area. The site is currently occupied by an un-renovated, three bedroom Edwardian home with living, kitchen/dining, laundry and bathroom which could be updated or redeveloped to create a magnificent home.
Land size: 656sqm / 7,061sqft approx.