This corner block of 608sqm is being sold with approved plans for three two storey townhouses, all with their own street frontage. With plans already approved with the council, There is an existing three bedroom home on the block which is currently rented on a month to month basis to excellent tenants and is returning $330 pw ($1430 per month).
The townhouse plans comprise of 1 x two bedroom and 2 x three bedroom designs. Situated within a quiet residential area, the property is close to parks, schools, Yarraman Train Station and Dandenong CBD. Take the hard work out of developing with this blue chip property and enjoy an immediate return on your investment. Plans are available for view in the office.