Attention all developers, builders and investors! This exclusive property is a gold mine waiting to be re-developed or land banked for future investment.
Ideally situated in Malvern East, within walking distance to Chadstone Shopping Centre, Holmesglen station and College, minutes to Monash Freeway and local schools and shops.
Comprising : large entrance, spacious master bedroom with full ensuite, 3 generous sized bedrooms with BIR’s, a separate formal lounge/dining, functional kitchen and meal area opening to an extensive deck with access to bedrooms, separate laundry and a separate toilet.
Further: ducted gas heating throughout. double lock-up brick garage converted to additional accommodation.
This home currently returns $40,000 per annum set up as student accommodation.
This rare block allows you the possibility to explore all avenues of investment, development (subject to Council approval), including multi townhouse site, apartment development site, child care centre, retirement accommodation, specialist Medical clinic and much, much more!
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document.