Tecoma 11 Clifford Grove
Strong Rental Return and Potential Subdivision.
Fantastic Investment and Development Opportunity.
Situated close to public transport and offering a strong residential rental return, this dual occupancy property is located one of the few pockets of the Dandenong Ranges with subdivision potential.
Originally one home, this property is currently divided and tenanted as 2 separate units, both with 2 bedrooms and leafy outlooks onto the generous back yard. The front unit offers a single carport, character features such as a charming porthole window, art deco ceiling panels, open fire, and rustic floorboards. Split system heating and cooling plus an open fire add function and comfort. The rear unit, with sunny open plan kitchen and living area, is tucked further back on the property, offering privacy and quiet.
With separate utility meters and generating a strong rental return, this is a solid investment in a desirable location.
Add to this the NRZ2 zoning, which provides subdivision potential (STCA) for those with a long-term investment strategy in mind.
Opportunities such as this are rare in this area, so quick inspection is a must.
2 units, both with 2 bedrooms Single carport Large property Steps to local transport NRZ2 zoning with potential subdivision (STCA)
Nearest Schools
- In Catchment Area
- Independent Schools*
Primary School
- Tecoma Primary School
Secondary School
- Upwey High School
Combined
- Belgrave Heights Christian School
- Maranatha Christian School
Primary
- St Thomas More's School
- St John the Baptist School
- Christadelphian Heritage College Melbourne
- Dandenong Ranges Steiner School - School Road Campus
- St Bernadette's Catholic Primary School
- Dandenong Ranges Steiner School
- St Paul's School
- Harkaway Hills College
- St Joseph's Primary School
Secondary
- Mater Christi College
- St Joseph's College
Fletchers Agents
-
Glenn Gardiner Director & Auctioneer, CEA (REIV)
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4 2
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Tecoma Area Guide
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Important Information
Fletchers Area Guide Tecoma, VIC 3160
Nestled between Upwey and Belgrave, Tecoma is an area rich in cultural significance and biodiversity. Located 34 kilometres from Melbourne’s CBD, Tecoma is often referred to as the foothill township of the Dandenong Ranges. The town is named after the shrub Tecoma that grows in the area and was established when the need for a railway station for the nearby timber mill arose. Tecoma’s picturesque surrounding nature offer both tourists and residents the beauty and serenity of well-maintained natural habitat, so close to the city.