289 Millers Road, Altona North 3025Sold

$1,630,000
6 6

INVESTMENT OPPORTUNITY - 3 TOWNHOUSES TO BE SOLD TOGETHER!

1-3/289 MILLERS ROAD, ALTONA NORTH
This sizeable allotment of land features three 2-bedroom townhouses, yet to be sub-divided, all to be sold under the one title! An investors dream, this may become your opportunity to capitalise on this project.
Situated in the heart of a booming suburb, surrounded by a quickly growing urban culture, this sizeable allotment of approximately 590 metres squared, split into three modern townhouses, is central to multiple recently completed, or up-coming, community projects and developments!
Within walking distance to the following amenities;

• Millers Junction Shopping centre (Woolworths, Movie Cinema, Bunnings, Aldi, Tk-Max, Officeworks, multiple cafes plus more)
• Borrack Square shopping centre (Woolworths, Commonwealth Bank, Pizza, Kebab, cafes, Post Office)
• Altona gate shopping centre (Coles, Banks, K-mart, Aldi, multiple eateries and much more)
• Bayfit Leisure centre - Gym and Swimming Pool
• A plethora of parklands and recreational facilities, including, but not limited to; Paisley Park (golf, Soccer, basketball, playground), Langshaw Reserve (AFL, Basketball, playground), JJ Ginifer Reserve (basketball, playground), Korriot Creek + Harris Reserve (walking/bike track, barbeque areas, playground, parklands).
• Altona North Kindergarten, St Leo the Great Primary School, Altona North Primary School and Bayside Secondary College
• Altona Beach

The Properties have the following highlights;

• The opportunity to purchase all three (3) townhouses together - or, if desired, the three (3) townhouses post sub-division with an extended settlement period.
• Three (3) fully built townhouses with building works completed in January 2020.
• Each townhouse has two (2) bedrooms, with newly built bathroom, generous living room, impressive kitchen facilities, outdoor entertaining area and a lock up garage.
• Subdivision plans have commenced and are materially progressed.
• All Properties are currently tenanted.

Not to mention its proximity to the city CBD, a mere 10km (approx.) - with ease of access via the freeway entrance at an appropriate distance.
Given the extraordinary value of location, these luxurious and incredibly built homes are ripe and ready to hit the market. Once subdivided, the three (3) homes are eligible for individual sale, or long-term investment! All three (3) homes are currently tenanted (leased) out, meaning the Properties generates a recurring income.

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