Development opportunity in sought-after university precinct

Description

Positioned on an expansive 772sqm block in an exceptional location with trams to both RMIT Bundoora and La Trobe University on its doorstep, and within easy walking distance of local Bundoora shopping and cafes, this superb opportunity comprises two generous and updated brick units. Offering a range of possibilities, including investment, further updates or redevelopment (STCA), the site is also set close to Darebin Creek Trail, Parade College, Loyola and quality local schools.

Each spacious unit features an open plan living and dining area, a north facing covered patio, private courtyard garden, and a kitchen with stainless steel appliances including gas cooktops. Robed bedrooms include a large master with walk-in wardrobe and full ensuite, complemented by a central bathroom and a full laundry with outdoor access. Unit one also includes a third bedroom / large home office space, increasing the appeal for investors with vibrant university precincts within easy reach. A shared carport offers an undercover space for each unit. With a generous level block in a sought-after university precinct, astute buyers can leverage a range of lucrative options, or simply add two quality units to an investment portfolio, with scope to redevelop in the future.