Clarinda 11 Elder Street

The term 'unique' is often overused in real estate, but there could be no better word to describe this opportunity to purchase 2 adjoining properties together amassing a total of approx. 2,478sqm with dual street frontage and unbelievable development potential (STCA). Number 11 ELDER STREET totals around 1,306sqm with a beautifully maintained brick veneer home in great condition that features polished floors throughout, a generous lounge/dining room and stunning renovated kitchen with stone benches, gloss cabinetry and a freestanding 900mm oven/stove. There are 4 huge bedrooms with built in wardrobes as well as 2 renovated bathrooms including a full ensuite in the main bedroom. It also features ducted heating, a split system air conditioner, a massive alfresco area, 2.5 car garage plus sheds, storage and chicken coups. The block behind located at 18 EULINGA ROAD measures around 1172sqm and features 2 mirror imaged bedroom units that are leased and providing instant income of $34,000 per annum approx. plus a large open grass area and a massive garage/workshop measuring 11.8m x 9m. So the existing properties could remain with room behind each to add additional units or townhouses or you could start from scratch and redevelop the entire site with potential for several new homes (STCA). Right near the border of Oakleigh South, these properties adjoin Clarinda Primary School, and are within minutes of buses, Bald Hill and Namatjira parks plus Clarinda Shopping Centre and central Clayton.

Property Information

• Land area approx 2478sqm

Property Features

• Carports 10
• Garages 6