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36 Sweeney Drive

Narre Warren, VIC 3805, Australia
$1.10m
1112m²

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Area Price Guide
$1.03m$1.17m

Indicative price guide range

🏘️
83
Comparable
📊
$750,000
Area median
⚖️
+47%
vs median
📐
$989
Per m²
📏
1112 m²
Land
🗓️
1 week ago
Listed

Property Insights

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About this property

Ready, Set, GO! With Plans and Permits in place and ready for you to get started on this money making project without delay, this is one opportunity you don't want to slip by. The site: 1112m of prime land holding The Development: TWO double Storey Class 1B rooming houses - each with 9 rentable rooms! That's an impressive 18 rentable rooms on this site. The site is to be split into a front lot and a rear lot for each dwelling *Note Class 1B Dwellings are not subject to land tax! The Location: 10 minute walk to Narre Warren Train Station & Bus Transfers 20 minute walk to Fountain Gate Shopping Centre 5 minute drive to Monash Freeway 15 minute drive to Casey Hospital Education - Abundance of Child Care centers and a vast selection of both Primary and Secondary schools all nearby from a walk to a short drive. The hard work has been done and ready for the savvy investor to take advantage of this money making site! *Perhaps taking on an entire development is too much right now? Would just the front or rear site be more of interest to you? Reach out to me for a open conversation on some options we can discuss to possibly still make this project a winner for you!

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $5,333/month
    $2,666 /fortnight
    Loan $880,000 at 6.10% over 30 years

    Upfront costs

    Deposit$220,000
    Stamp duty$60,500
    Conveyancing (est.)$2,000
    Total upfront$282,500
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    1112m²
    Listed
    1 week ago

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