Development riches on a 711 sqm corner
In the heart of Springvale and on the corner of Rosalie Street and Edmond Street, this 711 sq m approx. block is an uncut gem waiting to be polished. In General Residential Zone 3 where you can build up to 11 metres, turn this exciting site into a three-level apartment complex (STCA).
Currently a five bedroom, two bathroom rental property with a spacious kitchen, meals and lounge room, continue to lease out while preparing plans and permits for this lucrative opportunity.
Walk to the end of the street to enjoy beautiful Warner Reserve, playground, tennis club and soccer club, with Springvale Rise Primary School only metres away. Stroll in the other direction to the train station and bustling Springvale Shopping Centre with its great dining, fresh produce and retail.
(Please call agent to book an appointment on Saturday's inspection)