Situated in the Yarra Junction township on a near level allotment of approx. 2023 sqm or over 1/2 an acre, this is the ideal chance to consolidate your investment future. With Neighbourhood Residential Zone - Schedule 2 (NRZ2), there is a Council Planning Permit and plans to subdivide in conjunction with the adjoining property however this now provides different potential utilizing the concepts and reports already prepared (STCA). The tenanted home is very well presented and comprises of 3 bedrooms, spacious timber kitchen and family size dining area plus a great living area with cathedral ceilings. Already fenced off from the balance of the allotment, the excellent long term renter ideally would like to continue leasing giving an income at the same time. Sought after location, short walk to the Upper Yarra High School and Little Yarra Steiner School and offers loads of potential!
