18 Primula Avenue

An outstanding opportunity presents itself in one of Brooklyn's most convenient and fast-evolving pockets, offering immediate income today and exceptional future upside tomorrow. Set on a generous approximately 700m² allotment, this classic three-bedroom residence is currently leased at $720 per week, making it an attractive proposition for investors, developers, and owner-occupiers alike. Invest Now, Develop Later (STCA) A key highlight for investors and developers is the strong holding income, with the property returning $720 per week while future plans are explored. The land size, dimensions, and surrounding development activity provide a compelling opportunity to pursue a multi-dwelling development of up to four dwellings (STCA). Importantly, subdivision precedent is well established, with a significant portion of the street already subdivided and redeveloped, reinforcing the feasibility and long-term potential of this site (STCA). Liveable Today, Limitless Tomorrow The existing home is well-maintained and comfortably liveable, allowing buyers to: Move in immediately Renovate and add value Hold as a high-yield investment Redevelop or build a dream home in the future (STCA) Classic Charm & Functional Layout Behind its classically appealing façade, the home offers: Generous original living and dining areas A separate central kitchen with meals area Three well-proportioned bedrooms A functional central bathroom Separate laundry Outdoors, a north-facing rear garden features a bungalow and storage sheds, enhancing flexibility and usability. Outstanding Land & Accessibility Additional features include: Garage, carport, and additional off-street parking Direct access to the Federation Trail, ideal for lifestyle buyers and commuters A land size that truly complements its exceptional development potential A Location That Delivers Enjoy all the benefits of a prime Brooklyn address, close to: Annunciation Primary School Altona Gate Shopping Centre Brooklyn Reserve Local cafés, parks, and community amenities Easy access to public transport Further strengthening the investment case is the West Gate Tunnel Project, offering faster, more convenient CBD access and reinforcing Brooklyn's future growth appeal. The Opportunity With strong rental income, proven subdivision activity in the street, and potential for up to four dwellings (STCA), this is a rare chance to secure a high-performing asset in a location poised for continued capital growth. To be sold by Auction an unmissable opportunity for astute buyers, investors, and developers.