A DEVELOPER’S DREAM OPPORTUNITY

Here is something a little different, a rarely found 1301m2 approx slightly elevated block that includes an already approved planning permit to construct a unit at the rear of the existing home. Since the owners obtained that permit they have learned that it may be likely that a further dwelling could also be built at the front of the original home – subject to further council approval. So potentially this unique property has a development opportunity that could mean building two new units and keeping the existing home (STCA). Even the original single dwelling covenant was amended to allow for 3 lots!! Currently there is a neat and tidy 3 bedroom home that is well maintained and could easily be rented out or occupied by the new owners if preferred (currently it is rented and the tenant would like to stay on if possible). The home has an ensuite effect bathroom, open lounge that flows through to the kitchen/meals area and externally there is a double garage with loads of space for additional off street parking in the driveway. Sitting in tucked away court location and close to local schools, Maroondah Hwy, Croydon North shopping village, Chirnisde Park Shopping Centre and Mooroolbark and Croydon Townships all close by. An excellent opportunity awaits!!

Property ID: 1134896