14 Brougham Street
Box Hill, VIC 3128

Overview

14 Brougham Street, Box Hill VIC 3128

This property presents a prime development opportunity in the heart of Box Hill, situated within the highly sought-after Residential Growth Zone Schedule 1 (RGZ1). The land offers exceptional potential for multi-unit or townhouse developments, or alternatively, the chance to build your dream home, subject to council approval (STCA). It is also an excellent renovation opportunity for families looking to enhance a charming existing home.

Conveniently located, the property is just a five-minute walk to Box Hill station, Box Hill Central Shopping Centre, and a variety of cafes and restaurants. A short drive provides access to Box Hill TAFE, Box Hill Hospital, Box Hill High School, and a range of prestigious private schools and sporting facilities.

The existing site currently offers solid investment potential, appealing to renovators and investors alike. The property features a north-facing backyard and multiple living zones, enhancing its appeal and functionality.

The front house is a charming two-bedroom residence with built-in robes, a spacious lounge featuring recently replaced wall-to-wall carpet, ducted heating, and air conditioning. The modern kitchen is equipped with a gas cooktop, electric oven, and dishwasher, providing a comfortable and practical living environment.

At the rear, there is a one-bedroom unit with an ensuite, separate lounge, kitchen, and laundry, offering additional accommodation options or rental income potential.

The combined current rental income from both the front house and rear unit is approximately $45,364 per annum, with high demand ensuring immediate re-letting upon vacancy.

The location is ideal for easy access to the hospital precinct, TAFE, city-bound train services, trams to elite private schools, and buses to Deakin and Monash Universities. The property is zoned for Box Hill High School and is close to Aqualink, Kingswood College, and Our Lady of Sion College, making it an attractive option for families and investors.

Please note that further information about the property may be withheld unless full contact details, including phone number, are provided. Photo identification is required upon entering the property.

Location