A rare opportunity exists in the heart of Templestowe to acquire this magnificent allotment measuring 1056 sqm approximately, with the permit to build four luxury homes. Located in highly desirable location on a quiet street with amazing views over Ruffey Lake park, there is the added bonus of all the hard work done, ready to reap the rewards. The permits were approved under the old guidelines - granting a higher density than you could achieve today, making this an exceptional opportunity for anyone looking for a small and safe project. This will not last long so don't delay and contact the agent to make a time to view the plans.
With immaculately presented and well maintained existing home, the choice is yours whether to live in or rent out for now and develop later. A short distance from Shoppingtown, close proximity to Macedon Plaza, cafes, shopping and excellent local schools, surrounded by high quality homes this opportunity is not to be missed.