MULTI-UNIT SITE – A CENTRAL & CONVENIENT COMMODITY
Finding the right site for development, you must consider size, potential and location - this brilliant property has the lot! The size: 865m2 (approx.) with generous proportions, including a wide 18.44m frontage and a long 47m depth. The potential: with GRZ1 and DDO8 planning schemes, it is ideal for a multi-unit redevelopment (STCA). You could keep the current 3 bedroom home as an existing rental investment (returning $370pw) while you make your plans, or perhaps renovate and on-sell, or even reside – the options are aplenty! The location: situated in a quiet tree-lined street for a peaceful suburban feel with views to Mount Dandenong, it is an easy stroll to Mooroolbark central for trains, buses, shopping, restaurants and more. Quality schools are nearby as well as parks, sporting reserves and walking tracks. Chirnside Park Shopping Centre and Lilydale are also within a few minutes’ drive. This property has the size and potential, underpinned by a fantastic location, that will set you up for a lucrative future – don’t miss it!