63 May Street, Altona North, Vic 3025

$1,350,000

Block Of Units
Type
6
Bedrooms
3
Bathrooms
3
Parkings
692 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 63 May Street, Altona North, Vic 3025)

$1,350,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, versatile triple-unit property on a substantial corner block in Altona North, offering excellent investment and redevelopment potential.

🏡 Property Highlights

  • Fully self-contained triple-unit property on one title
  • Prime corner allotment of approximately 692m²
  • Potential for redevelopment or strata subdivision (STCA)
  • High rental yield of $53,136 per annum
  • Excellent location close to major shopping centres and amenities
  • Versatile investment opportunity in a high-growth area

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Home Office / Study
  • Balcony
  • Garage
  • Air Conditioning
  • Dishwasher

Altona North is a thriving suburb known for its high-growth potential, proximity to beaches, and excellent amenities. It offers easy access to major freeways, quality schools, and recreational facilities, making it ideal for investors and families alike. The area boasts a vibrant community with convenient shopping, leisure centres, and outdoor activities, all within a short drive to Melbourne CBD.

What are the redevelopment or subdivision options for this property?
The property offers potential for redevelopment or strata subdivision, subject to council approval (STCA). Buyers should consult with local planning authorities for specific guidelines.
Is there any existing planning permission or approvals in place?
Currently, there are no specific approvals in place; potential buyers should verify with local council regarding subdivision or redevelopment permissions.
What is the condition of the existing units?
The units are fully self-contained and well-maintained, suitable for immediate rental or further renovation, depending on buyer preferences.
Are there any known zoning restrictions or easements?
Zoning details and easements should be confirmed with the local council to ensure compliance with development plans.
What are the nearby amenities and transport options?
The property is close to major shopping centres, public transport, medical services, and major freeways providing direct access to Melbourne CBD.
Are there any hidden costs associated with strata subdivision or redevelopment plans? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any existing easements, covenants, or zoning restrictions that could impact redevelopment? Is there any ongoing or upcoming construction or planning activity in the vicinity? What are the strata or body corporate fees and responsibilities if subdivided or redeveloped?

63 May Street, Altona North, Vic 3025 - More Details

$1,350,000

Type
Block Of Units
Bedrooms
6
Bathrooms
3
Parkings
3
Area
692 m²

Price guide

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