With approx 613sqm of area, flat and rectangular in shape, this highly coveted property in Residential Growth Zone (RGZ1) offer a heap of potential for the savvy investor, developer and builder.
Subdivide into 3 to 4 townhouses (STCA) and turn this into a high yielding project over the next 18 to 24 months. Or you can even build a massive, dream home knowing this allotment will cater for most new home designs.
In the meantime, you can easily live in or rent out the existing dwelling, which comprises of:
4 spacious bedrooms, all equipped with built in robes
Large formal lounge with updated timber flooring
Central kitchen and dining area with gas cooking & new Bosch dishwasher
Ducted heating, split system cooling, double garage and big carport
Close proximity to Springvale Central, Coles Shopping Centre, Springvale Train Station, restaurants and cafes means this is a top location providing easy convenience. With easy access to Springvale Road, Princes Highway and within 15 min drive to Glen Waverley and Monash Clayton, don't miss out on this delightful investment.
A rare opportunity to secure this development property. Call today to find out more!
