A great opportunity has become available for any Developer/Investor to purchase a fantastic dual occupancy site with plans and permits (in final stages with council). Located in the Clayton side of Mulgrave, in a highly regarded and popular development pocket, this property would be an ideal investment opportunity. The existing neat weatherboard home features 3 bedrooms, one bathroom and a garage and would easily rent for $380approx per week – ideal whilst you get all your building plans into place. the plans currently with council are for two four bedroom townhouses and have only been resubmitted due to the permit expiring previously. With easy access to all major roads and freeways, and with local schools and shopping centres close by, the future capital growth is assured. If you do the sums this well and truly stacks up!