A significant opportunity of 3 'Strata Titled' units on a strategic block - selling in one line, suiting home site buyers, investors and developers looking for multi-dwelling potential (STCA) on a large triple-fronted 1068sqm (approx.) block with right-of-way access to the side and rear of the property. An excellent land banking opportunity too – whichever way you go, you can potentially benefit from ongoing short- or long-term rental income from the three existing villas.
Located for success! It’s an easy walk to Ivanhoe Grammar School, a choice of Ivanhoe or Darebin stations, and East Ivanhoe Village and its evolving neighbourhood cafe scene (including coffee, ice cream, pizza) is just a moments’ stroll away. Beautiful Yarra River parklands are nearby, it’s in close proximity to the Austin Hospital, and only 20 minutes from the city.
Each of the existing villas offers spacious open-plan living and dining served by good-sized kitchens. Each comes with easy-care gardens. Accommodations include two generous bedrooms with built-in robes in Villas 1 and 2 plus a family bathroom, and in Villa 3 a generous master bedroom with built-in robes and ensuite, two more bedrooms with built-in robes and a family bathroom. With air conditioning or split-systems and a single carport plus additional off-street parking in Villa 3, this is an unmissable and unique opportunity in a premium 'Fairy Hills' Ivanhoe location.