Situated at 262 Boronia Road, Boronia, this prime piece of land offers a multitude of possibilities. With a generous land size of 1392m2, this property is zoned for residential use, making it a valuable asset for savvy investors and developers alike.
Currently, the property boasts a commercial lease agreement, providing a reliable rental return of $55,000 plus GST and outgoings. This secure income stream allows you to sit back and collect rent while you plan for the future.
The location of this property is also a major drawcard. Close to all amenities, including shops, schools, and public transport, it offers convenience and accessibility for both residents and potential tenants. Whether you choose to develop the land or hold onto it for future gains, this property is a smart investment choice.
Don't miss out on this incredible opportunity to secure residential land with development potential in the heart of Boronia. Contact us today to arrange a viewing and explore the possibilities that await you.