10 Austin Avenue
Narre Warren, VIC 3805

A unique opportunity exists to acquire two adjacent properties on separate titles at 8 and 10 Austin Avenue, Narre Warren, combining for a substantial landholding of approximately 1458 square meters. This prime location is zoned General Residential Zone 2 (GRZ2), offering significant potential for multi-dwelling or apartment development, subject to council approval.

The properties boast generous dimensions, including approximately 36 meters of frontage and over 40 meters in depth, providing a versatile site for future development projects. Situated directly opposite the recently upgraded Narre Warren Station, the location offers exceptional convenience and accessibility.

Residents will benefit from close proximity to key amenities such as Westfield Fountain Gate shopping center, the Webb Street shopping strip, and major freeway access, making it an ideal location for both living and investment.

The existing dwellings on the properties are currently leased to long-term tenants, providing immediate holding income. The property at 10 Austin Avenue features four bedrooms, two bathrooms, and two car spaces on a 729 square meter lot, while 8 Austin Avenue offers three bedrooms, one bathroom, and two car spaces on an equivalent land size.

This offering presents flexibility to purchase either one or both properties, catering to a range of investment or development strategies. The blue-chip location, combined with strong zoning and substantial land size, makes this a standout opportunity for developers and investors seeking to establish a foothold in one of Narre Warren's most strategic areas.

Prospective buyers are encouraged to conduct their own due diligence, including planning, legal, and building advice, to fully understand the development potential and requirements. The properties are marketed together but may be sold separately, with all dimensions, zoning, and development potential subject to council and relevant authority approvals.

Overall, this dual-site development opportunity offers a rare chance to capitalize on a premium location with excellent growth prospects and immediate income potential.