Overview

Situated on a substantial 2,019 square meters of prime land in the heart of Carrum Downs, this property at 34 McCormicks Road presents an exceptional opportunity for investors and developers alike. With a development approval already in place for a multi-unit project comprising ten townhouses, this property allows for immediate commencement of construction, eliminating the uncertainty and delays often associated with development projects.

Conveniently located just minutes away from the Ballarto Road Shopping Centre, primary schools, and Flinders Christian College, as well as major freeways providing easy access to both the CBD and the Peninsula, this property is strategically positioned to capitalize on the area's ongoing growth. Whether you choose to hold onto the property and benefit from the steady appreciation in value or proceed with the development, 34 McCormicks Road is a standout asset in a highly sought-after location.

• GRZ 1 Zoning
• 2,019 square meters of land
• Permit approved for 4x4 Bedroom and 6x2 Bedroom, 2 Bathroom dwellings
• Flexible terms available
• Strong market performance for units in the vicinity
• High rental yields and low vacancy rates
• Excellent Gross Rental Value returns

Contact us today to obtain a copy of the plans and permit!

Location