9 Genista Avenue, Boronia, Vic 3155
Sold: $795,000 (03-16-2015)- hotel 3
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Enjoying the enviable status of Residential Zone 1 allowing for a high-density development, this lucrative parcel of land, comprising of 991sqm (approx.) presents a most profitable opportunity for the quick-to-act developer.
The fantastically convenient location adds the icing to the cake, positioned a mere 500m from central Boronia with its broad range of amenities, and sited amongst other new, high-quality apartment complexes arisen in the area.
Nestled into a quiet, tree-lined avenue across from Genista Reserve with children's playground and Tormore Reserve at the end of the road offering walking trails through to Boronia West Primary and Knox Leisureworks. Additionally, central Boronia with a local cinema and bowling alley, cafes and eateries, plenty of shops and conveniences stores plus K-Mart and rail transport are within a ten-minute stroll, while Bayswater, Westfield Knox and EastLink are also all within easy proximity; making this one of the most desirable and well-established pockets in Knox.
A current tenant in the existing residence with a lease until November 2015 provides an always-helpful passive income while waiting on council approval for your newest project.
With opportunities like this becoming rarer by the day, you are advised to act quickly for this premier piece of real estate will be sought after. Enquire now!