Adam Naumovski presents
26 Montrose Avenue, Girrawhween
End date sale - All offers presented 16/03/26 - Unless sold prior.
***HOME OPENS THIS WEEK**
Thursday 5th March 5:15 - 5:45pm
Saturday TBA
Sunday TBA
An exceptional opportunity awaits developers, investors, and forward thinking buyers looking to secure a high upside site in one of Girrawheen's most convenient pockets. Set on a generous 692sqm flat, rectangular block with an impressive 17.9m frontage, this R40 zoned property offers genuine triplex development potential (STCA) or the ideal subdivide and retain strategy (stsa). Potentially keep the existing home at the front and create a valuable rear lot, or explore a full redevelopment to maximise returns.
The existing 3 bedroom, 1 bathroom home is well cared for and move in ready, making it the perfect holding asset while you design and secure approvals. Inside, a spacious living room with split system air-conditioning flows seamlessly into the kitchen and through to the bedrooms, creating a practical and comfortable layout for families or tenants. Drive through access from the front provides a fully concreted driveway that extends right through to the backyard, offering outstanding accessibility, storage options, and flexibility.
Outdoor living is a standout feature, with large wraparound undercover entertaining areas providing secure and covered spaces both at the front and rear of the home. Whether you're hosting gatherings, storing vehicles, or simply enjoying year round outdoor living, the options are endless. For buyers not looking to develop immediately, there is ample room to enhance and transform the landscaping into something truly spectacular, further increasing appeal and value over time.
Adding to the opportunity, the property offers strong holding income potential of approximately $750+ per week, with a 36-month rent-back option from the current owner, delivering immediate cash flow while you plan your next move.
Perfectly positioned just moments from the expansive green spaces of Montrose Park, 2.6km to Summerfield Shopping Centre, and only 5.8km to Warwick Grove Shopping Centre, this address combines lifestyle convenience with long term growth potential.
Development flexibility, strong rental return, and a move-in ready home all in one, opportunities like this are becoming increasingly rare.
Some fantastic features include:
692sqm flat, rectangular block
R40 zoning with triplex development potential (STCA)
Approx. 17.9m frontage
Subdivide and retain opportunity
Well-maintained 3 bedroom, 1 bathroom home
Spacious living room with split-system air-conditioning
Functional layout connecting living, kitchen, and bedrooms
Fully concreted drive-through access to the rear
Large wraparound undercover outdoor entertaining areas
Secure covered entertaining front and back
Strong holding income potential: approx. $650$680 per week
36 month rent-back option available
Walking distance to Montrose Park
Close to shopping centres, schools, and major transport links
Move-in ready with scope to renovate or enhance landscaping
DON'T MISS OUT CALL ADAM NAUMOVSKI ON 0424 364 326
ADAM NAUMOVSKI | FOR ALL YOUR REAL ESTATE NEEDS
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
