An Investor's Dream Opportunity - Corner block in centre Pasco Vale
Property Overview:
An exceptional opportunity awaits at 25 Olive Grove, Pascoe Vale—an exclusive offering of four stylishly refurbished 2-bedroom units on a substantial 1,024 square meter block with dual frontage. This unique property presents a prime opportunity for investors or developers seeking a versatile asset in a sought-after location.
All units are under flexible lease agreements, offering great rental returns for investors seeking both stability and high yield.
Property Features:
• Four Refurbished Units: Each unit has been thoughtfully updated with fresh paint and brand-new floating floorboards, providing a modern and low-maintenance living environment.
• Modern Kitchens: Newly installed kitchens equipped with sleek ovens, gas cooktops, and ample cupboard space—perfect for culinary enthusiasts and everyday convenience.
• Open-Plan Living: Spacious open-plan living and dining areas designed for comfort and functionality, complete with split-system heating and cooling as well as a wall gas heater to ensure year-round comfort.
• Comfortable Bedrooms: Two well-sized bedrooms in each unit, with the main bedroom featuring built-in robes (BIR) for added storage and comfort.
• Functional Bathroom/Laundry: Each unit includes a combined bathroom and laundry area, offering practicality with a modern touch.
• Private Outdoor Spaces: Large private courtyards for each unit, ideal for outdoor living, gardening, or entertaining in a serene setting.
• Off-Street Parking: Secure off-street parking available, providing convenience and peace of mind for residents.
Prime Location Benefits:
Located in the heart of Pascoe Vale, this property offers the perfect balance of tranquility and accessibility:
• Convenient Amenities: Close proximity to local cafes, shops, and dining options, ensuring all your daily needs are met.
• Proximity to Schools & Parks: Nearby reputable schools and lush parks make this location ideal for families and outdoor enthusiasts.
• Public Transport Access: Just a short walk to public transport options, including a train station 15 minutes away, providing easy connectivity to the wider Melbourne area.
Development Potential (STCA):
With a generous 1,024 square meter land size and dual frontage, this property offers significant potential for redevelopment, subject to council approval (STCA). Whether you're considering a residential redevelopment or exploring options for an off-the-plan project, 25 Olive Grove provides a versatile canvas for future growth.
Don’t Miss This Opportunity!
25 Olive Grove, Pascoe Vale, represents a rare opportunity to acquire a block of four modern, ready-to-occupy units with substantial development potential. Whether you are looking to invest, redevelop, or both, this property is a standout in today’s market.
Contact Us Today to arrange a viewing or discuss this exceptional investment opportunity!