555 Deakin Avenue
Mildura VIC 3500
Sold for $375,000
Development Potential
This General Residential Zone 1 property represents prime residential land in Mildura South ready and waiting for development.
The property includes the original 1950s home with additional bungalow and shed all in habitable condition and recently rented.
Allowing for the existing dwelling to stay provides a proposed plan of sub-division for an additional 2 lots (plans available on request).
In addition to sub-division potential the site also provides opportunities for multiple other uses (STCA) including but not limited to: multi-unit site, medical facility, community care facility, place of worship, aged care facility or residential facility.
Expected rental return $330 per week
Land Size – 1608m2
Circa – 1950
Outgoings:
Water rates – $181 per quarter
Council rates – $2,128.96 per annum
Related Information & Disclaimers
Property ID: 1253232