Builders and developers, you're invited to check out the potential of this extensive property, boasting a large 877sqm (approx.) corner block, just minutes to Lilydale Train Station, your choice of multiple shopping precincts and local schools that are also within arm's reach.
The almost level soil is ripe for a development of multiple new townhouses (STCA), whilst the existing residence has been purpose built to accommodate consulting suites for medical practitioners, uniquely arranged on the inside offering a five rooms, reception, waiting area and communal facilities.
The original dwelling will potentially allow the new owners to collect rent as plans and permits are being approved or before being removed to make way for town houses (STCA). This is an area that is seeing increasing quality development with younger families and downsizers wanting to position themselves in this popular location leaving this an investment with solid future potential.