Noble Park 1-2/23 Henry Street

Unlock exceptional potential with this rare 985m² (approx.) development site located just moments from Noble Park Central and the train station. A standout choice for savvy developers and investors alike — secure land and income, all in one.

Currently hosting two solidly built homes, the property offers a combined 6 bedrooms, 4 bathrooms, and 4 car spaces. Long-term tenants are in place, with rental income at approximately $350 per week (Dwelling 1) and $370 per week (Dwelling 2). With the current rental market trending strong, each home is approx.. $550 pw at current market value returning $57,200pa. (tenants have been in the premises for very long time and the landlord has decided to not increase the rent)

Zoned General Residential Zone 3 (GRZ3), this high-growth pocket provides the exciting potential to build 5–6 premium townhouses (STCA), depending on your design and density aspirations. Developers will appreciate the strong market demand for quality residences in this thriving location.

A truly unbeatable investment — whether you plan to redevelop now or land-bank and enjoy generous future returns.

-985m² (approx.) allotment
-Two homes — 6 bed / 4 bath / 4 car
-Strong rental uplift potential
-GRZ3 zoning — 5–6 townhouse development potential (STCA)
-Walk to Noble Park shops, cafés & train station
-Prime opportunity for developers & investors

Don't miss this two-birds-with-one-stone opportunity — secure a future-proof investment in the heart of Noble Park.

DISCLAIMER:
Every attempt has been taken to ensure the accuracy of the information provided is as presented. We encourage you to make your own assessment during an inspection. In addition, the measurements provided of the land and/or property may not be 100% accurate. In order to satisfy yourself with the exact dimensions of the property/land / or of each room, we advise you to conduct your own measurements and/or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.

Property Information

• Land area approx 985sqm

Property Features

• Air Conditioning
• Garages 4