Raine & Horne Tarneit proudly present's " 27 - 29 Jamison Street South. Altona Meadows " a HIDDEN GEM with a potential of four dwellings subject to council approval. Yearly Rental appraisal estimated for $96000 upon approval. Vendors have already obtained councils approval for three dwellings whereas potential for fourth dwellings is estimated ( STCA ) for someone really looking in construction and selling the whole lot or an investor for making your on-going rental portfolio. A rare opportunity to apply for FOUR DWELLINGS ( STCA ) on a TITLED BLOCKS of 951m2 ( approx. ) land in one of the prime and prestigious location of ALTONA MEADOWS. One townhouse has got rental appraisal of $2000 per month making total yearly rental yield potential of $96000 ( STCA ). Options: - Keep existing home and build on the rear ( STCA ) - Renovate existing home and earn a good rental return - Demolish and build multi units ( STCA ) - Build and start your rental portfolio. - Live in 1 & rent the others. - Sell all or sell one Key Features:- - 500 Meter walk to shopping centre - 18 km from CBD - Three minutes drive to Laverton Station - Four minutes drive to Altona Beach - Two minutes drive to free way - Eight minutes walk to Altona Meadows primary school with great rating This prime location comes with multiple options for investors/builders. Someone looking to generate long term rental income portfolio or for builders it will be a win win scenario this its hard to find a hot spot like this in one of the established residential zone. Book an Inspection now..! Call Mike Saggar on 0412 755 667 or Paul Sidana on 0433 782 762 to book your inspection. (Photo ID required for all Inspections) DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist