9 Milners Road, YARRA JUNCTION

A fantastic opportunity on offer here with this property, 9 Milners road, Yarra Junction offers approx. 2000 sqm zoned NRZ2 with a 3 bedroom/2 bathroom home. Currently in place is a planning permit for an 8 lot subdivision via a joint venture with the neighboring property ( approx. 4000sqm combined in total). Most of the hard work, expense and wait time is done, there is also the option to re submit individually with a 4 lot subdivision (s.t.c.a) which consists of approx. 2000sqm in total. 3 vacant lots with an existing dwelling, the home has been freshened up and offers 3 bedrooms, 2 bathrooms with a separate lounge/living and meals area. Currently tenanted and returning 32,240 pa, a great opportunity to invest in the popular Yarra Junction township, this property offers development flexibility and options with a joint venture or go it alone, the choice is yours. Call David Carroll for more information 0419 539 320.