41 Erica Avenue

Positioned in a prime central Boronia location just moments from Boronia Station, this rare dual-dwelling corner allotment of approx. 659.9 sqm presents a standout investment opportunity with immediate income and strong future upside. Both Unit 1 and Unit 2 are currently leased, generating a combined rental return of $4,000+ per month, offering investors instant cash flow from day one. The property comprises two self-contained dwellings: Unit 1: Two-bedroom residence featuring walk-in robes, spa bathroom, spacious lounge, and kitchen/meals area Unit 2: One-bedroom dwelling with open-plan living/dining, full kitchen, and modern bathroom Both units include off-street parking, enhancing tenant demand and long-term retention. With solid rental income already in place, investors can simply hold and enjoy strong returns or explore future options including redevelopment (STCA). Zoned Mixed Use, the site supports a range of potential outcomes including higher-density residential or mixed-use development, offering significant long-term capital growth potential in a tightly held location (STCA). The location is highly convenient, with Boronia Station directly nearby, along with supermarkets, cafes, restaurants, parks, schools, and key amenities including Boronia K-12 College, St Joseph's Primary, Eastlink, and Westfield Knox all within easy reach. Key Highlights: Combined rental income: $4,000+ per month Two fully leased, self-contained dwellings Approx. 659.9 sqm corner allotment Mixed Use zoning with redevelopment potential (STCA) Premium central Boronia location near transport and amenities A rare, low-maintenance investment delivering immediate income, long-term growth, and future flexibility. (Virtual furnishings and enhancement)