8 Morago Crescent

HOME OPEN CANCELLED - UNDER OFFER Developers, Builders or Investors strike quickly while the iron is HOT. Prime location in a quiet street but so close to all the action, only just a short walk to Belmont Forum shops and restaurants and super close to schools and parks. Perfect rectangular shaped 728m2 lot Zoned R20/50/100. Endless development options include potential to build single level homes, townhouses and apartments (up to 3 storey) the choice is yours. This is a money-making investment opportunity. A solid home in fantastic condition sits on this lot with 4-bedrooms 1-bathroom, good sized living area and separate kitchen dining. A bonus games room and outdoor covered entertaining area complete this home. Perfect to live in or rent out. Opportunities like this in good areas are becoming rarer. Don't miss out. • Generous 728m2 lot with 18.1m frontage • Zoned R20/50/100 • Solid 4 bed 1 bath double brick home • Ducted evaporative air conditioning • Perfect live in or rent out option • Walk to shopping, parks & various schools • Demolish & build two large family homes. • Demolish & build three 2 storey townhouses. • Demolish & build 10 apartments. • 10mins to airport, Crown, Vic Park & CBD. • Council rates - $1704 approx. / Water rates - $1192 approx. This property could achieve $750 plus per week on the rental market. WELSH Real Estate has a highly recommended and trusted property management team who would love to talk to you about your investment property and how we can help you. This property is to be sold via Expressions of Interest closing Thursday 4th June at 6pm (unless sold prior).