This charming cottage in the very heart of Tyabb is situated on an approx. 600 square metre block, making it a developers delight. The property already has plans and permits for the construction of a three bedroom unit positioned at the rear of this expansive property.

Whilst there is potential for the rear of the property to be developed, the existing house is currently leased until July 2016, bringing the purchaser an immediate income of $1130 per calendar month.

Comprised of a master bedroom with built in robes, this home also features a practical kitchen including dishwasher and gas stove, Rinnai gas heater and a second bedroom with garden views. The separate meals area and lounge room complete the picture of this appealing property. The existing lock up garage ensures secure parking and safe storage.

Located close to schools (including the prestigious new Padua College), shops and local parks, this property is position perfect.

Property Code: 507