3 Unit Development Site with PPAs. In a quiet area , within minutes walk to the railway station and all Mooroolbark shopping (including McDonalds) this brilliant development site has plans to build 3 cleverly planned, free standing, two storey townhouses.
1 x 3 bedrooms, 2 bathrooms
2 x 2 bedroom, 2 bathroom all with lock up garages.
Existing 3 bedroom weatherboard home is available for rent and ensures a regular income at approx..$ 380 p/w until development starts. Investors and builders should seriously consider this opportunity as the vendor is keen to sell and buyer demand for new townhouses is constantly growing in this prized location!