Swoop on this opportunity fast. This 677m2 well located property comes complete with an existing renovated 3 bedroom home, currently tenanted and returning $12,500 per annum, plus plans and permits to split the corner block in half and build another additional 3 bedroom residence. Being a corner block, the split would create no common area and provide for 2 separate titles. An ideal investment to develop now or hold and develop in the future. The current home includes gas heating, wall air conditioner, Built in robes, modern kitchen and new carpets throughout. There is also a lovely outdoor paved pergola area, carport with roller door, large garden shed and landscaped gardens. The location is ideal, close to popular parkland reserves in well established peaceful neighborhood. For all the details on how this could be yours, call Professionals Ryder Real Estate Melton today.