Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
1-4/2A Attunga Street, BlackburnExpressions of interest | VIC 3130
Positioned on a prominent corner allotment in one of Blackburn's most tightly held residential pockets, 2A Attunga Street offers a rare opportunity to acquire a substantial landholding with immediate income and significant future development potential, subject to council approval. This property is located within a premium school zone, enhancing its appeal for families and investors alike.
The site currently comprises four well-established units, generating a combined rental income of approximately $88,400 per annum, equating to around $1,700 per week. This strong cash flow makes it an excellent land-bank investment, providing stable yield from day one alongside the prospect of long-term capital growth.
- Strong combined rental income of approximately $1,700 per week
- Corner allotment with dual street frontage, offering excellent exposure and access
- Situated within the sought-after Box Hill High School zone
- Consistent tenant demand in this tightly held suburb ensures ongoing occupancy
- Significant development flexibility, subject to council approval (STCA)
- Convenient access to Blackburn Village retail precinct for shopping and amenities
- Close proximity to Blackburn Railway Station, providing direct connectivity to the CBD
- Nearby Box Hill's major shopping, dining, and transport hub enhances lifestyle options
- Surrounded by established homes, parklands, and quality local amenities
This property represents a unique opportunity for investors seeking a combination of immediate income and future development upside in a highly desirable location. The corner position and dual street frontage add to the appeal, providing options for redevelopment or enhancement subject to planning approval.
Located within a blue-chip school zone, the property is well positioned to attract quality tenants and future owner-occupiers. The surrounding area is characterised by established residential homes, green spaces, and convenient access to retail and transport facilities, making it a highly sought-after address.
Investors and developers are encouraged to consider this exceptional offering, which combines strong current returns with the potential for significant value uplift through redevelopment or subdivision, subject to council consent.
Disclaimer: The information provided is for general guidance only and has been obtained from sources believed to be reliable. Prospective purchasers should undertake their own investigations and due diligence to verify the accuracy of the information and suitability for their requirements. No warranty or representation is made as to the accuracy or completeness of the information contained herein.
Change History
| Headline | When |
|---|---|
| $1,750,000 | |
| Expressions Of Interest | $1,750,000 |
Location
Blackburn VIC 3130
Market Insights for Blackburn VIC 3130
Other properties in this postcode
$1,450,000 - $1,550,000
10 Paulette Court, Blackburn South VIC 3130
$1,800,000 - $1,950,000
15 Vernon Street, Blackburn South VIC 3130
$1,600,000 - $1,650,000
7A Bridgeford Avenue, Blackburn North VIC 3130
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
