The location is superb, and the block is extremely appealing for a developer to come and make good use of the 825m2 site. This is one of those opportunities too good to ignore; continue to collect rent whilst the plans and permits are being arranged. Large enough to accommodate two new townhouses, the final buyers, which will most certainly be first home buyers, young families, downsizers and investors, will be attracted to the modern buildings which will require little maintenance, and offer convenience to the Croydon and Mooroolbark shops, as well as being handy to bus and train transport and accessible to schools and kindergartens. The current 3 bedroom home is tenanted for $280 per week. * All works are Subject To Council Approval (STCA).