Sold Jun 2014
Land of Possibilities within Urban Growth Zone. $$ Great Potential for the Smart Investor $$

150 Section Road, Greenvale, VIC 3059

5 beds 3 baths 3 cars 12,173 sqm

Phillip Mercieca
150 Section Road has been Sold
Set on approximately 12,173m2 - approximately 3 acres, this beautiful parcel of land within the urban growth zone is located opposite parklands and sporting facilities and offers a unique opportunity.
Potential sub-division in the near future subject to council approval with preliminary plans already drawn up for 20 blocks ranging from 400-797m2. These plans can be viewed by contacting the listing agent.
There are two homes on offer each with its own storage shed and include:
House 1 - Solid 3 bedroom brick veneer home, 2 bathrooms, 2 living areas, 2 car garage and heating on approx. 21/2 acres. Rental potential of up to $550 per week.
House 2 - Renovated 2 bedroom timber cottage, 1 bathroom with heating & cooling on approx. 1/2 acre. Currently leased to a fantastic tenant happy to stay on currently paying $250 per week / $1080 per calendar month.
Potentially, a combined rental investment return of over $40,000 per annum, whilst you wait to plan your future sub-division.
Within easy access to major arterials, Melbourne Airport, schools & shops, this rare opportunity will not be around long so organise your inspection today!
Land Area: 12,173 sqm
Rooms: 8
Parking: 3 cars
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Meet the Neighbours near 150 Section Road SA1 - 2124622 See demographic, employment and income info about the people living in this part of Greenvale

Interested in property ownership statistics and neighbourhood demographics for the pocket around 150 Section Road, Greenvale? Our pocket insights offer a greater level of detail than typical suburb information you might find elsewhere. We have even more data about 150 Section Road, Greenvale on our Property 360 page.

Monthly Personal Income
Monthly Household Income
Monthly Mortgage Repayments
The average age is 52
Majority are Couples with children
Most residents Owns Outright
Weekly Income
Employed as Construction
Retail trade
Wholesale trade
Health care and social assistance
Transport postal and warehousing
Pocket Profile
Ask Phillip about 150 Section Road, Greenvale, VIC 3059
Phillip Mercieca
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