5 Churchill Avenue, BRIGHT , House for Sale - FN First National Real Estate Alexander's

5 Churchill Avenue
bright VIC 3741

DUAL OCCUPANCY PROPERTY WITH DEVELOPMENT POTENTIAL

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Located within 1km from Bright’s town centre lies this prime dual occupancy investment property with significant development potential, (STCA).

With both dwellings currently tenanted, this fantastic dual occupancy property not only provides a sound return on investment in its current form, but also presents as a fantastic future development opportunity, with a planning application submitted to local Council providing for a stylish 3 x 3 Bed, 3 Bath, 2 storey townhouse development. (Pending Council Approval).

The site of 935m2 is currently home to a soundly built 1980’s brick veneer main residence that comprises 3 bedrooms, 1 bathroom, a central kitchen & adjacent dining space, plus a light filled open plan living zone with full north-eastern exposure, woodfire & split system heating & cooling. Solar powers is also included.

To the rear of the main dwelling lies a separate 2 bedroom, 1 bathroom fully self-contained Unit. This space also includes a small open plan living zone with split system heating & cooling, combined kitchen/laundry, and a decked verandah to one side.

Multiple options are available here to potential purchasers. One could simply continue with its current configuration, with 2 x permanent tenancies in place and the potential to increase its current rental return. Reside in the main residence & utilise the flat as a short-term holiday let or space for visiting family & friends. Or level the site and develop it into a premium townhouse offering, the options are yours.

For further details or to arrange a private inspection, contact Regan Alexander on the following:

m | 0448 198 612

e | regan@brightfirstnational.com.au

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Details

Property Type - House

Land Area - 935m2

Open Times

Contact Agent to arrange inspection

Key Features

Built in Robes

Fire Place

Courtyard

Outdoor Entertainment

Air Conditioning

Split System (Heating)

Split System (Air Con)

Solar Panels

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Contact Details

Regan Alexander

Officer in Effective Control, Sales Manager

0448 198 612

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