312 & 312A Middleborough Road

An incredible corner opportunity awaits savvy investors who desire to secure one of Blackburn's most enticing prospects handily located in the Box Hill High School zone. The sizeable 832 sqm (approx.) block offers endless possibilities, with the generous land size and strong rental returns from two existing 3-bedroom villa units (which are currently on the one title). Investors will not be disappointed if they decide to snap up this property and lease out both of the units as they are currently rented to existing tenants. The large corner land also lends itself to various forms of redevelopment, whether you renovate the existing units or knock one or both down and start afresh. The expansive corner site has excellent northerly aspect making it highly suited to various forms of redevelopment (all options STCA). Each of the current properties enjoys three bedrooms, living zone, separate kitchen with plenty of space for meals, bathroom with separate toilet, laundry, heating and cooling, plenty of garden space, and single carport parking (accessed via Hirst Street). Also zoned for Laburnum Primary School, you're positioned so close to RHL Sparks Reserve, Gardiners Creek Trail and surrounding parklands, Blacks Walk, Blackburn South Shopping Centre with Woolworths supermarket, Box Hill Central and surrounding restaurants, buses, and Laburnum Station. We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.