312 & 312A Middleborough Road
Blackburn, VIC 3130

Overview

312 & 312A Middleborough Road, Blackburn

An exceptional corner property spanning approximately 832 square meters presents a unique investment opportunity in Blackburn, situated within the sought-after Box Hill High School zone. This substantial land parcel currently holds two separate homes on a single title, each offering three bedrooms, making it an attractive prospect for investors seeking strong rental returns.

The property is currently tenanted, providing immediate income potential. The expansive corner block offers versatility for redevelopment options, subject to council approval, including renovation of the existing villas or complete redevelopment by demolishing one or both homes to create a new build. The site benefits from a favorable northerly aspect, enhancing its appeal for future development projects.

Each residence features a comfortable living area, a separate kitchen with ample space for dining, a bathroom with a separate toilet, laundry facilities, and both heating and cooling systems. Outdoor space is generous, with plenty of garden area and a single carport for parking accessible via Hirst Street.

Located within the Laburnum Primary School zone, the property is conveniently close to local amenities including RHL Sparks Reserve, Gardiners Creek Trail, and surrounding parklands. Residents also enjoy proximity to Blacks Walk, Blackburn South Shopping Centre with Woolworths supermarket, Box Hill Central shopping and dining precinct, public transport options including buses and Laburnum Station, making it an ideal location for families and commuters alike.

This property represents a rare opportunity to secure a large corner block with dual dwellings in a highly desirable location, offering flexibility for investors or owner-occupiers looking to capitalize on the strong rental market or redevelopment potential.

Location