Sold | House | 24-28 Coronation Avenue, Bright VIC 3741 | $1,200,000

HOUSE AND UNITS WITH DEVELOPMENT POTENTIAL

  • 14 Bed
  • 6 Bath
  • 7,991 sqm (approx) Land Area

Investors and developers take note! Being offered for sale is this near 2 acre residential allotment close to town.

Currently the property contains a 4 bedroom house, shedding and a complex of 5 two bedroom units.

Lets start with the house. Tucked away up toward the rear of the property, the original home has enough space for a large family or all your friends and extended family who are sure to visit. Behind the house is a large workshop/shed which is big enough for a tradie or keen handyman. The rear yard also contains an inground pool and paddock with enough space for a couple of sheep if you please.

The unit complex is completely separate from the house site and contains 5 two bedroom, 1 bathroom units plus a centrally located, shared laundry. All of the units are permanently tenanted, providing an income of over $42,000 per annum.

The choice is yours what to do with this property. Keep as is and live on a large allotment, close to town with a side income or subdivide and develop the site further (STCA).

This truly is a unique opportunity which will not come around often.

This property is proudly listed by:

First National Real Estate Alexander's 107 Gavan Street
Bright VIC 3741

Enlarge Map

Open for Inspection
By Appointment

Additional information

Property Type House
Property ID 11607100360
Street Address 24-28 Coronation Avenue
Suburb Bright
Postcode 3741
Price $1,200,000
Land Area 7,991 sqm (approx)