This unique development opportunity provides the astute builder/developer the opportunity to enjoy stupendous consistent returns or Build and sell to make a handsome profit. Currently will approved Plans and Permits to construct 8 one bedroom Student Accommodation Units, opportunities like this rarely hit the market. Act now to register your interest. Benefits: *Current Stamped Plans and Permits for 8 X 1 Bedroom Student Accommodation units with 5 on site Communal Car spaces *Full working drawings provided *Current house tenanted for $1282 pcm *Ideal CBD location *800m approx to Beach *500m approx to shopping centre *300m approx to train station *300m approx to Samuel Reserve *300m approx to Chisholm Tafe *1km Approx to Monash University *80m Approx to Bus Stop *800m Approx to Frankston Hospital