Plans and Permits approved for 6 Townhouses!!

Current occupied by a neat 2-bedroom home leased for $320 per week, this property provides an exceptional ready-to-go development opportunity with a location to match!

Perfectly positioned in the very heart of Reservoir, this substantial high-side allotment (approx 651sqm) with Residential Growth Zoning (RGZ3) comes complete with an approved planning permit to construct 6 spectacular new 3/4-level townhouses.

Along with an array of architectural plans, engineering drawings and reports already completed, the dwellings include a variety of floorplans to suit first-time buyers, astute investors and downsizers alike.

Impressive design elements of townhouses 2-5 include 2 generous bedrooms (both with robes), central bathroom and powder room (second WC), open-plan living/dining area and adjoining kitchen, plus a private terrace or courtyard and internally-accessed single garage.

In addition to this, the front townhouse features 3 bedrooms and 3 bathrooms, while units 3 and 4 include a second living zone and rooftop terrace incorporated into their designs.

Walking distance to Broadway’s vibrant retail precinct, choice of eateries and the new Reservoir Station, it’s also close to Plenty Road trams and choice of bus routes, Summerhill Shopping Centre, local parks, popular schools and kinder/childcare facilities as well as easy access to Latrobe University and Preston Market.