291 Bell Street

Coburg VIC 3058

Welcome to this extraordinary prime location that presents a truly rare offering for astute buyers and investors seeking a promising re-development opportunity. Secluded in an ultra-convenient area within the highly sought-after suburb, this property is just minutes away from an impressive array of amenities, making it an ideal prospect for your future vision. Features: 1. Versatile Potential: The outstanding positioning and zoning (RGZ) of this property render it perfect for redevelopment, enabling you to unleash its inherent potential and craft something truly remarkable. Such opportunities seldom present themselves, elevating it to a highly coveted proposition in the market. The existing Brick house comes with 2 Bedroom, 1 Living area, Fully Functional Kitchen, 1 Bathroom & Double Garage. 2. Solid Rental Returns: In the meantime, take advantage of a well-maintained brick home that offers solid rental returns, providing income while you plan your exciting future development. 3. Flourishing Surroundings: Surrounded by numerous shops and new developments along the street, this location promises a vibrant and dynamic neighbourhood, attracting both residents and businesses alike. 4. Convenient Lifestyle: Enjoy the ease of living with the convenience of being just minutes away from Melville Road trams, Piedimonte's IGA, Coburg West Primary, Coburg station, and the bustling Sydney Road, offering a wealth of shopping, dining, and recreational options. 5. Coveted School Zone: For families, the property falls within the coveted school zone of Strathmore College, enhancing its appeal to potential residents. 6. Planning Permit: Purchase both 291 & 293 Bell St now and leverage the approved and valuable Planning Permit to create a development comprising 22 apartments along with a total of 21 car spaces. Embrace this exceptional chance to manifest your vision within the designated timeframe.