359 Highett Road, Highett

House

Beds: 5
Baths: 3
Carparks: 3
Land Size: 602 m2

$1,350,000 NEGOTIABLE!

An Incredible Investment & Development Opportunity Not To Be Missed

No access to Unit 2 on Thursday.

An outstanding opportunity awaits with this exceptional property, offering both investment potential and development prospects.

Nestled on a substantial allotment spanning approximately 602 sqm, this prime location is less than three kilometres from the pristine sands of Sandringham beach and just a stone’s throw away from Peterson Reserve. Currently configured as two alluring units, the property provides a wide scope to renovate the existing dwellings, or create unmatched imaginary possibilities.

Key features:

Prime location
Nestled in a highly sought-after area, this property is in close proximity to Bluff Road, shops, buses, and renowned educational institutions such as Sandringham College. The short commune to Brighton, private schools, Sandringham East Primary, premier golf courses and the vibrant Hampton Street adds to the property’s allure.

Development potential (STCA)
With a generous allotment size, there is significant potential for development (STCA). Imagine the possibilities of creating a dream residence or exploring multi unit development options. Your vision, combined with the strategic location, makes this a remarkable investment.

Dual units configuration
Currently arranged as two distinct units, the property offers flexibility and multiple income streams.

Unit 1 (Three bedrooms)
The first unit comprises a spacious three bedrooms, including a master bedroom with ensuite and walk-in robes, an open plan living area with a stylish kitchen, a modern split system heating and cooling, a double carport, and ample parking space.

Unit 2 (Two Bedrooms)
The second unit graces the property with its exceptional size, offering either two bedrooms or one bedroom plus a study. Boasting a sitting room, a kitchen with gas cooking facilities, a well-appointed central bathroom and laundry, undercover parking, and a delightful front garden perfect for entertaining.

Immediate income
The rental income that these properties generate will ensure a steady cash flow while you explore the property’s full potential. It’s the perfect blend of immediate income and future potential.

Whether you’re an astute investor or a developer with a keen eye for potential, this property offers the perfect canvas for your vision.

Contact Mike to schedule a private viewing on 0426 111 791.

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