61 Albany Drive, Mulgrave, Vic 3170

Calling all developers, investors and home builders! Available to you is an amazing opportunity to secure and develop a prime slice of real estate in Mulgrave! Whether you are planning on building your dream home or to subdivide and build multiple dwellings (S.T.C.A), this 670sqm (Approx.) site offers plenty of space and scope for your plans.

The existing brick-built home boasts a spacious living area, three bedrooms, a kitchen and two bathrooms, all in good liveable condition. With potential rental return of $370-$380pw it offers the possibility of a continued return on your investment or a low-cost bolt-hole for you and yours while planning your property development project.

With the Albany Rise Primary School, Wellington Secondary College and Mazenod College on your doorstep, plus direct access to the Monash Freeway and local bus routes direct to the Waverley Park Garden and Brandon Park shopping centres this property could not be better located.