18 Primula Avenue, Brooklyn

Property Details

Prime Prospects in an Ideal Position | Exceptional Development Potential (STCA)

An outstanding opportunity presents itself in one of Brooklyn's most convenient and fast-evolving pockets, offering immediate income today and exceptional future upside tomorrow. Set on a generous approximately 700m² allotment, this classic three-bedroom residence is currently leased at $720 per week, making it an attractive proposition for investors, developers, and owner-occupiers alike.

Invest Now, Develop Later (STCA)

A key highlight for investors and developers is the strong holding income, with the property returning $720 per week while future plans are explored. The land size, dimensions, and surrounding development activity provide a compelling opportunity to pursue a multi-dwelling development of up to four dwellings (STCA).

Importantly, subdivision precedent is well established, with a significant portion of the street already subdivided and redeveloped, reinforcing the feasibility and long-term potential of this site (STCA).

Liveable Today, Limitless Tomorrow

The existing home is well-maintained and comfortably liveable, allowing buyers to:

Move in immediately

Renovate and add value

Hold as a high-yield investment

Redevelop or build a dream home in the future (STCA)

Classic Charm & Functional Layout

Behind its classically appealing façade, the home offers:

Generous original living and dining areas

A separate central kitchen with meals area

Three well-proportioned bedrooms

A functional central bathroom

Separate laundry

Outdoors, a north-facing rear garden features a bungalow and storage sheds, enhancing flexibility and usability.

Outstanding Land & Accessibility

Additional features include:

Garage, carport, and additional off-street parking

Direct access to the Federation Trail, ideal for lifestyle buyers and commuters

A land size that truly complements its exceptional development potential

A Location That Delivers

Enjoy all the benefits of a prime Brooklyn address, close to:

Annunciation Primary School

Altona Gate Shopping Centre

Brooklyn Reserve

Local cafés, parks, and community amenities

Easy access to public transport

Further strengthening the investment case is the West Gate Tunnel Project, offering faster, more convenient CBD access and reinforcing Brooklyn's future growth appeal.

The Opportunity

With strong rental income, proven subdivision activity in the street, and potential for up to four dwellings (STCA), this is a rare chance to secure a high-performing asset in a location poised for continued capital growth.

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