Corner Property with Endless Potential

Offering a bounty of versatility in a brilliant location, this stellar 557sqm (approx.) property suits innovative buyers who can think outside the box. Ideal for rental, renovation, or redevelopment (STCA), the options and opportunities are endless here.

This classic single-level brick residence features a traditional floorplan beginning in the open plan living and dining area with timber accent wall, large windows, and air conditioning. Direct access into the original kitchen with laminate benchtops, the family-size laundry, and the rear yard create a timeless flow that could integrate updates with ease. With 3 generous bedrooms plus a tidy bathroom with soaking tub and WC, it will be effortless to see how this home could work for you.

Top 5 Things You Can Do on GRZ Land:
1. Townhouse Development
The most common and profitable.
Dual occ, 3–4 townhouses, or more on larger blocks.

2. Medical / Allied Health Clinic (With Permit)
GP, physio, psychology, osteo, dentist.
Often supported if impact is low and parking works.

3. Childcare Centre (With Permit)
If the block size, parking and traffic conditions suit.
Strong demand in most Melbourne suburbs.

4. Home Office / Consulting Rooms (Permit may be required)
Accountant, lawyer, architect, counsellor, etc.
Typically allowed where the residential character is maintained.

5. Dual Occupancy Upgrade

Keep the existing home, build a second dwelling at the rear.
Low risk, lower cost, strong return.

For developers, this corner property resides in prime position. Already equipped with ample parking and situated a short stroll from Altona North Primary School and Bayside P-12 College, this spot is ideal for a new dream home of multi-dwelling development focused on family living (STCA). Also close to bus transport, Newport Station, Altona Gate, Millers Junction, Altona Lakes Public Golf Course, Newport Lakes Reserve, Cherry Lake, and Altona's beachfront and shopping and dining precincts, this is guaranteed to be an incredible investment.

Certain to attract significant interest, prompt inspection is advised to secure this unique offering. Plan your viewing today.