Discover an outstanding investment prospect in one of Newport's most desirable neighbourhoods. This property presents exceptional development possibilities for astute builders, developers, and investors ready to capitalise on a rare opportunity.DEVELOPMENT POTENTIALAPPROVED PLANS INCLUDED - Take the guesswork out of development with existing council-approved plans for two stunning side-by-side two-storey townhouses:• Townhouse 1: Five spacious bedrooms with three luxurious bathrooms, lock-up garage plus additional off-street parking• Townhouse 2: Four generous bedrooms with three modern bathrooms, lock-up garage plus additional off-street parkingAlternatively, transform this site through renovation and extension of the current dwelling. The generous block size (572m2 approx), strategic location, and ready-to-build approvals make this an ideal opportunity for maximising immediate returns.CURRENT PROPERTY FEATURES• Three comfortable bedrooms• Generous living area with spacious lounge• Well-appointed kitchen adjoining meals space• Full bathroom facilities plus separate WC• Practical laundry room• Gas heating for year-round comfort• Convenient side access leading to substantial metal shed/garagePREMIUM LOCATION BENEFITSNestled in Newport's highly coveted residential precinct, this property offers unmatched convenience:• Educational Excellence: Located within Newport Gardens Primary School zone• Transport Links: Easy access to both Newport and Williamstown North railway stations• Natural Amenities: Minutes to tranquil parklands and scenic Newport Lakes• Lifestyle Conveniences: Walking distance to trendy cafes, restaurants, and local shopping• CBD Proximity: Just 10km from Melbourne's vibrant city centreThis rare offering combines prime positioning with genuine development upside - perfect for those seeking to create substantial value in one of Melbourne's emerging growth corridors.Don't miss this exceptional opportunity to secure your piece of Newport's bright future.