Plans and permits are ready to go to Council to build 3 luxury townhouses on this well positioned, flat block of approximately 864m2! Unique opportunity to develop whilst still retaining a steady rental income from the two existing units returning approx $27,000 per annum. (One 3 bedroom unit and one 2 bedroom unit.) Ideally located close to Primary and Secondary Schools, Shopping Centre & Parks and easy access to all the major roads & freeways! Savvy investor, a developer with an eye for for an opportunity or build your dream home and lifestyle! Options abound!