This property is one of the last remaining R40 corner lots in Melville.

The property presents a uniquely flexible opportunity allowing either an immediate development of the site, or a deferred development while maximising potential rental income in the short to medium term. The existing home has been updated and extended since its original condition and has been well looked after, making it more than suitable accommodation for any family.

Melville is a high-demand suburb with current days on market for residential property at an average of only 9 days and strong growth prices throughout 2021 and into 2022. The market remains extremely competitive with a continued lack of new and existing stock.

Contact James for more information on 0447 120 125 or at james@mgpproperty.com.au