BORONIA
1 & 2/41 Narcissus Avenue,
BORONIA, VIC 3155
Unit
Price Information
For Sale
$1,100,000 to $1,200,000
Key property information
2
1
1
DUAL UNIT OPPORTUNITY ON ONE TITLE – INVESTMENT, FAMILY LIVING OR REDEVELOPMENT (STCA)
Set on a generous 1,063sqm (approx.) allotment, this unique property offers two self-contained units on a single title, presenting an exciting opportunity for investors, extended families, or developers (STCA).Unit 1 features:
• 2 bedrooms, 1 bathroom
• Light-filled lounge room
• Separate laundry
• Handy study nook
Unit 2 offers:
• 1 bedroom, 1 bathroom
• Two spacious living areas
• Separate laundry
• Undercover rear entertaining deck
Both units include car accommodation, good-sized rear yards, and small storage sheds.
Built in the late 1960s/early 1970s, the units are in largely original condition and would benefit from renovation or modernisation, providing scope to significantly increase rental returns.
Currently leased on month-to-month agreements, the property generates a combined rental income of $36,400 per annum, with potential to achieve around $46,800 per annum (approx.) after refurbishment.
Highlights:
• Two units on one title – rare opportunity
• Land size: 1,063sqm (approx.)
• Flexible options: investment, multi-generational living or redevelopment (STCA)
• Convenient Boronia location close to shops, schools, parks and transport
Whether you’re looking to invest, accommodate extended family, or explore redevelopment possibilities, this property offers outstanding versatility and potential.