Highlights

Sold Price : $610,000
Sold Date : 2025-04-14

A rare investment opportunity in the heart of Davoren Park! Situated on a generous 794m² allotment with an 18.2m frontage, this 1965-built home is a goldmine for investors and developers looking to capitalize on subdivision potential (STCC).

✔ Tenanted Until 1st August 2025 – Secure rental income from day one!
✔ Subdivision Potential (STCC) – Maximize returns by developing the land.
✔ Two Living Areas – Flexible layout for growing families or future tenants.
✔ Evaporative Cooling – Ensuring year-round comfort.

The property features 4-bedroom, 1-bathroom home with timber flooring in all living area and carpet flooring on bedrooms, 3 bedrooms with built in robes, a separate dining area, and a well-equipped kitchen with an electric cooktop. The lounge area is complemented by Ducted evoporative air conditioning, ensuring year-round comfort, while the window roller shutters on all Front windows add an extra layer of security and privacy.

Property is currently tenanted on Fixed term lease for $450/week

Development Potential: The large block size and frontage offer the potential for subdivision (subject to council approval), allowing developers to create multiple dwellings and reap significant rewards.

Outside, the expansive backyard offers endless possibilities. The large block size provides ample space for outdoor activities, gardening, or potential development projects. The wide frontage further enhances the property's appeal, making it an ideal candidate for subdivision (subject to council approval).

Located in a high-growth area with easy access to local shopping, schools, public transport, and major road networks, this property offers endless possibilities. Whether you're looking to landbank, renovate, or subdivide, this is a set-and-forget investment with long-term upside!