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House for Sale in Skye
DA Approved 10 Units - Huge Demand, Huge Upside
- 3 Beds
- 2 Baths
- 2 Cars
Occupying a massive 2,019m² of prime land in the heart of Carrum Downs, 34 McCormicks Road represents a blue-chip opportunity for the savvy investor or developer looking to secure a high-yield asset. With a permit already approved for a 10-townhouse multi-unit development on this property. This removes the guesswork and lengthy wait times, allowing you to move straight into the construction phase. Ideally located only minutes from the Ballarto Road Shopping Centre, primary and Flinders Christian College, and major freeways for easy CBD and Peninsula access, this is an unmissable opportunity. Whether you choose to wait and capitalize on the area's steady growth or develop & transform this property, 34 McCormick's Road stands out as a prime asset in a high demand location.
- GRZ 1 Zoning
- 2,019m2 land
- Permit approved for 4x4 Bedroom & 6x2 Bedroom 2 Bathroom dwellings
- Terms available
- Fantastic market sales for units in the area
- Strong rental returns and low vacancy rates
- Fantastic GRV return
Call today to obtain a copy of the plans and permit!
2,025m² / 0.5 acres
2 garage spaces
3
2
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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