11 Ridley Street, Albion, VIC, 3020, Australia

Located in the sought-after suburb of Albion, just minutes away from Albion Station, Sunshine Station, and Sunshine CBD, this property offers a prime location. It is conveniently close to Albion North Primary School and Western Hospital, making it ideal for families and professionals alike.

On offer is a sizable block with approved plans and permits for four units keeping the front and building 3 brand new at the rear, presenting an excellent opportunity for both first-time investors and astute developers. The property currently features three large bedrooms, a central bathroom, and a modern kitchen with stainless steel appliances, all tenanted for immediate returns.

This property is perfectly situated for lifestyle convenience, with easy access to public transport and close proximity to Sunshine CBD. Features of the property include an open fireplace, high ceilings, and much more.

Key Highlights:
Land size: 1278sqm*
$1738 monthly rent
Keep existing home, build 3 units to the rear

Don't miss out on this rare opportunity to secure a property with fantastic potential for redevelopment in a highly desirable location.