Exciting in so many ways, this opportunity allows you to achieve your development aspirations. In the heart of Bayswater, this level, rectangular block of 1252m2 approx. comes with approved permits to create a boutique townhouse allotment. Occupying a highly desirable location, a quiet pocket and sensationally convenient, only minutes from Bayswater Train Station, Mountain High Shopping Centre, Westfield Knox City and EastLink
Surrounded by quality properties, existing is a three-bedroom weather board home (currently tenanted for $1347 per calendar month) plus plans to build two single storey town residences at the rear. The stamped and endorsed plans allow the original home its own driveway and title. Boasting a smart brick facade with colourbond roof, the two townhouses feature three bedrooms, masters with walk in robe and ensuite. These flexible units are perfectly suited for re-sale to investors, first home buyers or downsizers. They are equipped with fantastic sized living areas, double car garages and offer flexible options for an array of buyers.
Melbourne’s population, forever increasing, astute buyers will see the chance to capitalise on a very buoyant off the plan/brand new re-sale market, looking to take advantage of the increased demand in unit sales and prices in the area.
*All plans stamped and endorsed including the drainage and landscaping plans.