5 Dobson Avenue, Oakleigh East, Vic 3166
Sold: $1,140,000 (07-25-2015)- hotel 3
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Part of the trick about real estate is being able to recognise true potential. This original weatherboard home definitely ticks that box.
Featuring three bedrooms, one bathroom with separate toilet, big back garden, gas wall heater and a carport, the home has been well maintained over the years, and in more good news for the savvy buyer, it?s already tenanted until October 2015, meaning you can start earning right away!
The real focus, however, should be on what you could do with it down the line. On a quiet street but offering walking distance access to Monash University plus easy access to Monash Medical Centre, shops, schools, the Monash Freeway and transport links, it?s an ideal location to consider development opportunities (STCA). The large block measuring an impressive 791sqm (approx.) means there is plenty of space to knock down and start again, or even potentially place three units or modern Townhouses on it (STCA).
If you?re looking for the right opportunity to work the market to your advantage, this is certainly worth looking at!
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist