7 Gladstone Street, Lilydale VIC 3140
Sold for $1,011,000
DEVELOPERS! A MONSTER BLOCK WITH LOADS OF POSSIBILITIES
It’s time that this property is taken to whole new level, and with so many options presenting themselves, it’s open for all. Situated on a massive 1149m2 (approx.) block, indications are that the site would be ideal development – perhaps 4 single level town homes (STCA) or otherwise 7 two storey reverse living style town homes (STCA). A unique site – mostly level allotment and a rare opportunity but in a sought-after location that is in the preferred development zone being the “residential growth zone” schedule 1 – DD07. Simply they don’t come much better than this. The current home is let to tenants who’d love to stay on if possible – meaning you could buy and have rental income from the day you settle while you proceed with the planning application process. The home itself is comfortable but it’s fair to say is showing its age. It offers two living areas both with gas heaters, a central kitchen with gas cooking facilities, zoned bedrooms and bathroom, and an air conditioner in the kitchen and one in the master bedroom plus a double garage. This is an outstanding blue chip site/opportunity – owned by the one family for many years – to inspect or for further information please contact us anytime.
Property ID: 1117311
Contact Agents
Mooroolbark Office
Professionals Mooroolbark
46-52 Brice Avenue, Mooroolbark VIC 3138 | Phone 9726 8888