Developers, investors, first home buyers, savvy purchasers with multi-generational family living in mind, seeking an upside with their property purchase, or those seeking a single dwelling with the versatility of a large section are urged to take a closer look at the untapped potential at 436 Madras Street, St Albans.

Offering tremendous upside and income, a lot of the groundwork and planning has already been done. Comprising a completed (with new code of compliance) standalone two-bedroom home, being 70sqm of colonial charm.

Taking advantage of all-day sun, this dwelling has a spacious open plan living dining area complimented by a light and airy fully equipped kitchen. This light filled space is further enhanced with double French doors leading out to a veranda and wide deck, perfect for reading a book and enjoying a glass of wine.

The home is further complimented with two spacious double bedrooms both with inbuilt wardrobes. A modern bathroom with incorporated laundry completes the accommodation. Sympathetic easy-care landscaping, an additional cobbled courtyard plus a designated single off street parking space is all finished off with full fencing in keeping with the heritage nod of the home.

Scope to build a second dwelling to the front of the site, ease of development is assured by way of a completed driveway, car park, curbing and services. Concept plans for a superior three bed and three bath standalone property are available.

This potential separate 200sqm (approx.) site includes an onsite single car parking with a second space assigned to the rear home. It is now your opportunity to take full advantage of the outgoing vendors vision for the site and reap the rewards in this desirable location.

Deadline Sale closing 4:00pm, Friday 15th December 2023 (unless sold prior).


**New RV Received $940,000**