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36 Sweeney Drive
Narre Warren, VIC 3805
$1,100,000 - $1,200,000
Overview
TWO Rooming Houses
Ready, Set, GO! With plans and permits in place, this property offers a prime opportunity to start a lucrative project without delay. This is an opportunity you do not want to miss.
The site comprises 1112 square meters of prime land holding, ideal for development.
The development consists of two double-storey Class 1B rooming houses, each containing 9 rentable rooms, totaling an impressive 18 rentable rooms on this site. The site is planned to be split into a front lot and a rear lot for each dwelling. Notably, Class 1B dwellings are not subject to land tax.
The location is highly convenient, with a 10-minute walk to Narre Warren Train Station and bus transfers, a 20-minute walk to Fountain Gate Shopping Centre, a 5-minute drive to Monash Freeway, and a 15-minute drive to Casey Hospital. The area also benefits from an abundance of childcare centers and a wide selection of both primary and secondary schools, all accessible from a walk to a short drive.
The hard work has been completed, making this an excellent opportunity for savvy investors to capitalize on this money-making site.
If taking on the entire development seems too much at this time, there may be options to consider just the front or rear site. Open conversations can be had to explore options that could still make this project a winner for you.
Added 23 April, 2026.
Location
Narre Warren VIC 3805
Market Insights for Narre Warren VIC 3805
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
